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Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE


Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid from Knowledge Infrastructure Systems rejected as incomplete, a government source said on Wednesday.

Bids from Adani Enterprises, Agarwal Coal, Coastal Energy and Bhatia International had qualified for technical evaluation in the tender to supply coal, which will be used by state power utility NTPC Ltd, said the source, who had knowledge of the tender but spoke on condition of anonymity.

"Knowledge Infrastructure has been disqualified as documentation was incomplete," the source said.

Knowledge Infrastructure had not supplied a certificate relating to a clause that a bidder should have supplied 2 million tonnes of coal to any of the specified industries in the past three years, the source said.

It had also not given a certificate that it had handled 2 million tonnes coal for any Indian firm in the past three years, he said.

The tender was first issued in May but it could not be awarded after Knowledge Infrastructure complained that some tender terms meant only Adani Enterprises would qualify.

MMTC reissued the coal import tender in late August.  The tender closed on Wednesday and was expected to be awarded by the end of next week, the source said.
Source: Reuters



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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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