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Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per annum (total for 3 years) to a thermal power plant in Sri Lanka with 300 MW capacity at stage 1 which will be completed in 2010. The first delivery of cargo would be around early / mid of 2010.
The power plant at its stage II , expecting to complete by 2012 will have further 2 x 300 MW totaling 900 MW.
The requirement of quantity will increase to approximately 2.4 million MT of coal by 2012 said, R.Adm (Rtd) D.K.Dassanayake of Seven Sails Shipping & Maritime. Seven Sails Shipping & Maritime is the Company was engaged in chartering of vessels, Ship management, ship repairs and providing of logistic support to sea going vessels in Colombo, Sri Lanka.
The detailed bid documents can be obtained only till 10th August 2009 and the bids are to be submitted by 10th September 2009. A performance security of 10% of the base price x 650,000 would be necessary at the time of submitting the bids.
Bids are invited on FOBT basis. However, the option of supplying on CIF basis at transshipment point or jetty of plant (both are located 125 km off Colombo, Sri Lanka) is also available. Bids can be submitted as a single party or as a Joint Venture (JV). Each JV partner must meet at least 35% of criteria laid down and the lead partner must meet at least 50% of the criteria laid down in bid document.
The specification of required coal is, as received basis. Total Moisture 12% (Max 16%) , Volatile Matter 27% (Min 22%) , Sulphur 0.5 % (Max 1.2%) , Ash 11% (Max 16%) and GCV 6.300 kcal/kg (Min 5800 kcal/kg). 0-2 mm size of coal should not more than 30%. (cs)
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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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