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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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Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
Saturday, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India
...
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...
Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique ...
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