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Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finalized, our sources said.
According to available market information, 12 million mt of imported coal tender floated by government India’s PSU state trading corporation last October on behalf of state utility NTPC has received 5 bidders participating. Those five suppliers were, including Indian based Adani Enterprises, Bhatia International Ltd., Knowledge Infrastructure Systems Ltd., Coastal Energy Private Limited and Dubai based Ghumaz Traders who had submitted bids against the tender floated by STC in early October.
There were some rumors in the market since last week, the price bid has been opened and issued the supply order to Adani Enterprises, Bhatia International Ltd., and Ghumaz Traders. We also understand from market that, the remaining two parties were disqualified and price bids of disqualified parties were not opened. The reason for disqualification was unknown as we could not reach the parties involved in this tender for comments or clarification.
COALspot.com has contacted STC to seeking confirmation. However, when we contacted STC authorities to confirm the above we were told that, the person in-charge was on year-end holiday and the person who replied to our telephone call refused to answer any of our questions. We were asked to contact again STC on next Monday.
As per tender terms, If the L2 and L3 bidders agree to match the offer price of L1, then Adani Enterprises will get order to supply 50% of the total quantity or 6 mln ton of coal to NTPC plants, while Gomaz will get opportunity to supply 30% or 3.6 mln tons and Bhatia International, will get the order to supply 20% of the total quantity or 2.4 mln tons of coal.
If the market news is confirmed its a straight entry for the remaining three bidders into the L1,L2 and L3 positions to grab 12 million coal supply from STC/ NTPC for 2011 - 2013 period. We will try to report the full story including price and other terms of contract after contact STC next week.
Majority of coal supplies against this tender is expecting from Indonesia. According to our sources, all the bidders were submitted mine support letter including from Indonesian producers to fulfill one of the tender requirements.
The Indonesian government declared coal price reference (ICPR) gains 8.27% or reached US$ 103.41 per ton in December, basis GCV (GAR) 6322 kcal/kg, TM 8%, Ash 15% & S 0.8% and market is expecting further increase in next Month.
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Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...
Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...
Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...
Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...
Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...
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- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Australian Coal Association
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
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