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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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Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
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