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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER


ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms to supply 130,000 tons of coal for its Pagbilao plant station on the main Luzon island.

The tender was for two lots of 65,000 tons each with gross calorific value of 6,100-6,700 kcal/kg, for delivery between December 27 and January 26.

PT Tanito Harum and PT Arutmin both gave a bid of $76.04 per ton, on a cost and freight basis, for each of the 2 lots, while PT Trubaindo offered to supply the first lot at $72.63 a ton and the second lot at $74.63 a ton, C&F.

Napocor has set a budget of $77.04 a ton, including cost and freight.

Napocor 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 following several failed tenders, with many prospective suppliers turned off by the low budget.

Prices of power-station coal from Australia, a benchmark for Asia, fell $1 last week to $66.13 a ton, the lowest in about 3-� months, as the market remains awash with Indonesian coal amid a period of seasonal low demand.
Source: ABS CBN



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Recent News

Tuesday, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...


Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...


Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...


Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...


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 p ...


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