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Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess of USD 6.5 billion company issued a tender to import 2.25 Million MT of Steam coal (Bituminous / sub-bituminous) for arrivals between January 2010 and December 2012 on long term basis (750 thousand MTs per annum).
Hindustan Zinc Limited (HZL) & Madras Aluminum Company Limited (MALCO) are the operating companies of Vedanta in Lead, Zinc, Aluminum & Power businesses in India.HZL & MALCO put together operate 440 MW capacity power plants and coming up with another 2X80 MW power plants in Rajasthan, India.
Both the companies invite coal producers to offer for 2.25 Million MT of Steam coal (Bituminous / sub-bituminous) for arrivals between January 2010 and December 2012.
According to tender requirement, HNL will import 0.5 million MT +/- 10% per annum and MALCO will import 0.25 million MT +/- 10% per annum.
Technical Specifications
HNL
GCV-ADB (kcal/kg) 5800-6500 or GCV-ARB (kcal/kg) > 5200, Total Moisture (%) < 25, Ash content (%) < 15, Sulphur (%) < 1.5%, HGI 42-55 AFT-IDT (at reducing atmosphere) – Deg C > 1150, Na2O in ash (%) < 1.0, K2O in ash (%) < 2.0 4.
HZL is looking for coal from either Indonesia or South Africa on either FOB or CIF Navlakhi, Indian basis.
MALCO
GCV-ADB (kcal/kg) 6000-6500 or GCV-ARB (kcal/kg) > 5500, Total Moisture < 18 (%), Inherent Moisture (%) <10, Ash content (%) < 10, Sulphur (%) < 1.0%, HGI 45-47, VM 38-42, AFT-IDT (at reducing atmosphere) – Deg C > 1150 AFT-HT (at reducing atmosphere) – Deg C > 1200 and Size -2mm to be less than 10%.
MALCO is looking for coal from Indonesia on either FOB or CIF Karaikal / Chennai / Tuticorin India Basis.
Other Restrictions:
Only coal producers are invited to submit coal offers and restricted to middleman like agents / traders to submit the offers as well as for liasioning with the Purchaser. Offers to include the option to convert floating price to fixed price.
NewCastle index as per GlobalCoal ($/MT) and or API4 index as per Argus McCloskey ($/MT) would be used for floating pricing method.
Offer Submission and Validity
Last date of submission of the offer is 21 December’ 2009 and Validity of offer should be until 10th January’ 2010
For more information visit www.vedantaresources.com.
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Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
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- White Energy Company Limited
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- Eastern Energy - Thailand
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- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
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- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- Interocean Group of Companies - India
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- AsiaOL BioFuels Corp., Philippines
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- McConnell Dowell - Australia
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- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Orica Australia Pty. Ltd.
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- Indian Energy Exchange, India
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- The State Trading Corporation of India Ltd
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- GN Power Mariveles Coal Plant, Philippines
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- Parliament of New Zealand
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- Malabar Cements Ltd - India
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- Price Waterhouse Coopers - Russia
- The University of Queensland
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
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- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
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