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Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender WBPDCL/Tend-Adv/PR/10-11/66/Corp dtd. 18.8.2010, for 1.2 million mt of imported coal to the Power Plants of WBPDCL. Bids close on September 20,2010.
Sealed tenders are invited in four part bidding system from experienced parties for Supply of Non-coking (steam) Coal of Foreign origin for Different Power Stations under WBPDCL. The four parts of the tender would be EMD – Earnest Money Deposit, Qualifying Requirement, Techno Commercial Bid & Price Bid. The bidder should have experience supply of at least one Million Metric Tons of Imported Non-coking Coal per year to any Power Utility in India directly or through PSU, during any 2 (two) financial years within last 5 (five) financial years. In support of the above, the bidder must enclose performance certificate.
Under tender, WBPDCL/Tend-Adv/PR/10-11/66/Corp dtd. 18.8.2010, WBPDCL sought 1.2 million mt of coal for the Period of 12 months.
The tender document says that, the bidder must furnish a firm and unconditional ‘Letter of commitment’ for USD 22.5 Million from any bank (As per list of Banks selected by WBPDCL provided in the tender documents) in India, valid for a minimum of one year and six months. In addition to LoC, bidders also requested to furnish a Bank Guarantee in the prescribed format from any of the scheduled banks mentioned in tender amounting to 2 million US Dollar towards EMD which shall be valid for a period of 90 days from the date of opening.
At this moment other details of tender such as quality of coal, name of delivery ports, delivery terms and payment terms are not available.
Additional information about the tender can be obtained at WBPDCL’s website
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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
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