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Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quoted prices for 6000 kcal/kg coal were between US$ 95.18 to US$125.65 per MT on the delivered basis. According to the tender requirement, KPCL was looking for Gross Calorific value (adb) of 5600 - 6300 kcal/kg, Total Moisture (arb) 15 - 23%, Ash (adb) 10 - 14% and Sulphur ( adb) 0.8% max.
Gupta coal was offered lowest delivered price compare to other coal suppliers who were participated in the recent tender to supply 500,000 MT of coal for the period of 10 – 12 months. Gupta coal was a winner of previous tender of KPCL to supply 850,000 MT of coal. Our source said, "Gupta was supplying Indonesian coal to KPCL against the last tender".
The delivered price of previous tender was slightly lesser than the recent tender price.
Gupta has offered INR 4,458 (US$ 95.03) followed by Visa INR 4,795 (US$ 102.38) per MT on the delivered basis.
Sources related to this tender said, the offered delivered price is including FOB price, sea freight, customs duty, stevedoring charges and railway freight. The delivered price of US$ 95.03 is roughly works out to US$ 74.75 CNF Chennai for GCV (adb) 6000 kcal/kg and Total Moisture (arb) 15%
Other tender participants such as Knowledge Infrastructure , Adani & Bhatia , MSTC, Coastal Energy & Anik Industries have offered $103, $105.15, $115.12, $122.28 & $125.84 respectively. Adani & Bhatia has offered the same price in this tender.
The successful bidder must start supplies within 40 days from the date of award.
1 USD = ~46.83
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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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- ICICI Bank Limited - India
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- Bulk Trading Sa - Switzerland
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- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Eastern Coal Council - USA
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- PTC India Limited - India
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
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- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
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- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- The Treasury - Australian Government
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- Indonesian Coal Mining Association
- Parliament of New Zealand
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- The University of Queensland
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- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
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