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Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power Corp. (Napocor) at $80.50 a ton, cost and freight, the lowest of two bids submitted at a tender on Wednesday, a senior official said.
The offer by PT Delta Mineral International covers three lots of thermal coal, at 65,000 tons each lot.
Another Indonesian company, PT Tanito Harum, gave a bid of $81.69 a ton, C&F, for the same volume of the fuel meant for Napocor's Sual power station on the main island of Luzon.
Napocor has set a budget of $81.72 per ton, C&F, for the coal scheduled for delivery between August and October.
The bids will be subject to further technical evaluation, said Robert Balderas, head of the technical working group for the Sual facility. He added the contract may be formally awarded over the next few weeks.
The state-run firm has so far awarded more than 1.5 million tons in coal supply contracts this year to Indonesian firms. That is less than half of the nearly 3.5 million tons it plans to import for 2009.
Napocor has had several failed tenders, with many prospective suppliers finding its budget too low.
Prices of power-station coal in Australia, a benchmark for Asia, held above $71 a ton over the past week, as supplies of prompt-loading cargoes remain limited
Source: ABS-CBN News
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Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
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- Sarangani Energy Corporation, Philippines
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- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
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- Planning Commission, India
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- Alfred C Toepfer International GmbH - Germany
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- Trasteel International SA, Italy
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- Bhushan Steel Limited - India
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- Kartika Selabumi Mining - Indonesia
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- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
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- Thai Mozambique Logistica
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- Oldendorff Carriers - Singapore
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- Goldman Sachs - Singapore
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- Marubeni Corporation - India
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- SMC Global Power, Philippines
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- The State Trading Corporation of India Ltd
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- Commonwealth Bank - Australia
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- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
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- South Luzon Thermal Energy Corporation
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- New Zealand Coal & Carbon
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- Price Waterhouse Coopers - Russia
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- Economic Council, Georgia
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