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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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Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...
Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...
Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...
Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 m ...
Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...
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