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Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a period of Twelve (12) months on 'FOR Destination' basis at Power stations of NTPC through various Indian Ports, a tender document posted on the company's Web site showed.
Tender submission and opening date will on September 16, 2009
The tender intent, for coal supplies to various plants of the country's biggest power producer NTPC Ltd in the current fiscal year ending March 2010.
Bidders Qualifying Criteria
The bidder shall have experience for supply of a minimum of 2.00 MMT of Imported Coal, in any one financial year during last three financial years directly or through PSU’s to any Power/Cement/Steel/ Fertilizer/Industrial utilities. The bidder shall quote for minimum 50% of the tendered quantity (i.e. minimum 6.25 MMT). The bidder shall submit EMD equivalent to 4% of the estimated C&F contract value of quantity offered alongwith its bid and the bids shall remain valid for a period of 90 days after the date of opening of bid.
Performance Guarantee
The successful Bidders within 15 (Fifteen) days of issuance of Letter of Intent (LOI) shall be required to submit Performance Bank Guarantee, equivalent to 9.33% of estimated C&F contract value
Technical Specifications
Total Moisture (arb) 10 - 20% Max, Ash (adb) 8 - 20%, Volatile Matter (adb) 25 - 45%, Fixed Carbon (adb) 30 - 50% Typical, Sulpphur (adb) 0.70 - 0.90%, Gross Calrific Value (adb) 5,800 - 6,500 Kcal/kg, HGI 45 - 60 and IDT (reducing ) 1100 - 1250° C
For more details of tender requirement click here.(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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- Samtan Co., Ltd - South Korea
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