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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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Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
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- TNB Fuel Sdn Bhd - Malaysia
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- London Commodity Brokers - England
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- Baramulti Group, Indonesia
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- Larsen & Toubro Limited - India
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- Africa Commodities Group - South Africa
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