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Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal traders, Sources said
Adani, Agarwal and Bhatia, three of the four shortlisted bidders, have bagged the latest MMTC coal tender for purchase of 12.5 million tones imported coal.
While Adani has been allotted 6.25 million tones, Agarwal will supply 3.75 million and Bhatia 2.5 Million tons. Successful winners will ship the cargo within 12 months as per tender requirements.
The average price for the entire import on delivered basis, works out to INR 4,721 (US$ 100.127 ) per ton basis 6,300 K.cal/kg (GAD) Gross Calorific Value and 16% Total Moisture.
All arrivals will have to be completed by October 2010. It is believed that loading will commence soon (1 USD = 47.1500 INR) cs.
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Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
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- Chamber of Mines of South Africa
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