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Wednesday, 18 March 09
MANILA'S NAPOCOR SAYS BIDDING FOR 100,000T COAL FAILS - REUTERS


Top Philippine electricityproducer National Power Corp (Napocor) was unable to secure 100,000 tonnes of local coal for one of its power plantsfollowing another failed tender on Wednesday, officials said.

The lone bidder, state-run firm PNOC-Exploration Corp(PNOC-EC) (PEC.PS), fell short of the required bid bond of 42.284 million pesos ($872,555), said Edmund Anguluan, chairman of the bidding committee. "We terminated the bidding because of a technical error," he said. Anguluan said the company is planning to hold another tender but added that PNOC-EC has the option to have its offer reconsidered. Napocor had set a budget of 3,537 pesos per tonne, including cost and freight, for the locally-sourced coal. Last month, the power firm awarded 780,000 tonnes in coal contracts to several Indonesian suppliers for shipment this year. To read more Click
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Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd. In the ...


Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
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Friday, 29 May 09
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Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...


Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...


Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa . Indian imports of South Afr ...


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