COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...


Tuesday, 26 April 11
NTPC CALLS TENDER FOR 4 MLN TON OF NON-COKING COAL
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, is the largest thermal power gener ...


Monday, 25 April 11
THE FUTURES FOR THREE YEARS WAS AT AROUND PANAMAX/US$ 14,000 PER DAY & SUPRAMAX/US$ 14,000 PER DAY - VISTAAR
COALspot.com - The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points. ...


Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with  c ...


Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons ...


   1057 1058 1059 1060 1061   
Showing 5291 to 5295 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Commonwealth Bank - Australia
  • PLN - Indonesia
  • London Commodity Brokers - England
  • Humpuss - Indonesia
  • Vale Mozambique
  • Merrill Lynch Bank
  • Coal and Oil Company - UAE
  • Grasim Industreis Ltd - India
  • Shenhua Group - China
  • Trasteel International SA, Italy
  • Xstrata Coal
  • Indonesia Power. PT
  • SGS (Thailand) Limited
  • European Bulk Services B.V. - Netherlands
  • Mitsubishi Corporation
  • Dalmia Cement Bharat India
  • Global Green Power PLC Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Electricity Authority, New Zealand
  • Qatrana Cement - Jordan
  • Deutsche Bank - India
  • Peabody Energy - USA
  • Mercuria Energy - Indonesia
  • The India Cements Ltd
  • CoalTek, United States
  • Thai Mozambique Logistica
  • SMG Consultants - Indonesia
  • Gresik Semen - Indonesia
  • Surastha Cement
  • Heidelberg Cement - Germany
  • Pipit Mutiara Jaya. PT, Indonesia
  • IHS Mccloskey Coal Group - USA
  • Adani Power Ltd - India
  • Sical Logistics Limited - India
  • Britmindo - Indonesia
  • Samtan Co., Ltd - South Korea
  • Merrill Lynch Commodities Europe
  • Fearnleys - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bukit Makmur.PT - Indonesia
  • Vizag Seaport Private Limited - India
  • JPMorgan - India
  • Uttam Galva Steels Limited - India
  • Bhatia International Limited - India
  • Rio Tinto Coal - Australia
  • Australian Commodity Traders Exchange
  • Indian School of Mines
  • PetroVietnam
  • Lanco Infratech Ltd - India
  • Indian Oil Corporation Limited
  • Jaiprakash Power Ventures ltd
  • Mitra SK Pvt Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • Russian Coal LLC
  • CIMB Investment Bank - Malaysia
  • Romanian Commodities Exchange
  • Cigading International Bulk Terminal - Indonesia
  • San Jose City I Power Corp, Philippines
  • Aditya Birla Group - India
  • Tanito Harum - Indonesia
  • TNPL - India
  • Bukit Baiduri Energy - Indonesia
  • BNP Paribas - Singapore
  • Africa Commodities Group - South Africa
  • Coal India Limited
  • PLN Batubara - Indonesia
  • Madhucon Powers Ltd - India
  • CCIC - Indonesia
  • The University of Queensland
  • bp singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • BRS Brokers - Singapore
  • Kobexindo Tractors - Indoneisa
  • Central Electricity Authority - India
  • Goldman Sachs - Singapore
  • Mitsui
  • Orica Mining Services - Indonesia
  • Core Mineral Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Videocon Industries ltd - India
  • Chettinad Cement Corporation Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Vitol - Bahrain
  • Bhoruka Overseas - Indonesia
  • Mjunction Services Limited - India
  • Marubeni Corporation - India
  • Asia Cement - Taiwan
  • Reliance Power - India
  • OPG Power Generation Pvt Ltd - India
  • Cement Manufacturers Association - India
  • GN Power Mariveles Coal Plant, Philippines
  • Manunggal Multi Energi - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cemex - Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Barasentosa Lestari - Indonesia
  • Clarksons - UK
  • World Bank
  • Miang Besar Coal Terminal - Indonesia
  • Independent Power Producers Association of India
  • Maruti Cements - India
  • Asian Development Bank
  • PNOC Exploration Corporation - Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Sakthi Sugars Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Economic Council, Georgia
  • Indonesian Coal Mining Association
  • TGV SRAAC LIMITED, India
  • IBC Asia (S) Pte Ltd
  • Malco - India
  • Ambuja Cements Ltd - India
  • India Bulls Power Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Eastern Coal Council - USA
  • Billiton Holdings Pty Ltd - Australia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Parliament of New Zealand
  • Posco Energy - South Korea
  • Karbindo Abesyapradhi - Indoneisa
  • Timah Investasi Mineral - Indoneisa
  • GAC Shipping (India) Pvt Ltd
  • Maersk Broker
  • Agrawal Coal Company - India
  • Cardiff University - UK
  • Ministry of Finance - Indonesia
  • Thiess Contractors Indonesia
  • PowerSource Philippines DevCo
  • J M Baxi & Co - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Power Finance Corporation Ltd., India
  • Xindia Steels Limited - India
  • Sucofindo - Indonesia
  • Geoservices-GeoAssay Lab
  • Riau Bara Harum - Indonesia
  • UBS Singapore
  • Maybank - Singapore
  • Mercator Lines Limited - India
  • Thomson Reuters GRC
  • Salva Resources Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Lafarge - France
  • SN Aboitiz Power Inc, Philippines
  • Larsen & Toubro Limited - India
  • U S Energy Resources
  • Rudhra Energy - India
  • Ceylon Electricity Board - Sri Lanka
  • Tata Power - India
  • Permata Bank - Indonesia
  • Savvy Resources Ltd - HongKong
  • Panama Canal Authority
  • Aboitiz Power Corporation - Philippines
  • Karaikal Port Pvt Ltd - India
  • McKinsey & Co - India
  • Ince & co LLP
  • IOL Indonesia
  • Malabar Cements Ltd - India
  • Arutmin Indonesia
  • Directorate Of Revenue Intelligence - India
  • The Treasury - Australian Government
  • Kartika Selabumi Mining - Indonesia
  • Bharathi Cement Corporation - India
  • Wood Mackenzie - Singapore
  • Carbofer General Trading SA - India
  • Kepco SPC Power Corporation, Philippines
  • Global Coal Blending Company Limited - Australia
  • Simpson Spence & Young - Indonesia
  • SUEK AG - Indonesia
  • Gujarat Sidhee Cement - India
  • PetroVietnam Power Coal Import and Supply Company
  • UOB Asia (HK) Ltd
  • Electricity Generating Authority of Thailand
  • Attock Cement Pakistan Limited
  • ING Bank NV - Singapore
  • Petrosea - Indonesia
  • Thriveni
  • Semirara Mining Corp, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • KOWEPO - South Korea
  • MS Steel International - UAE
  • Ind-Barath Power Infra Limited - India
  • Port Waratah Coal Services - Australia
  • OCBC - Singapore
  • Jatenergy - Australia
  • Latin American Coal - Colombia
  • Maharashtra Electricity Regulatory Commission - India
  • White Energy Company Limited
  • Eastern Energy - Thailand
  • Rashtriya Ispat Nigam Limited - India
  • Borneo Indobara - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Mechel - Russia
  • Coastal Gujarat Power Limited - India
  • ACC Limited - India
  • TRAFIGURA, South Korea
  • Central Java Power - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Platts
  • Japan Coal Energy Center
  • ANZ Bank - Australia
  • HSBC - Hong Kong
  • Ernst & Young Pvt. Ltd.
  • Banpu Public Company Limited - Thailand
  • Coal Orbis AG
  • GB Group - China
  • ICICI Bank Limited - India
  • Platou - Singapore
  • Inco-Indonesia
  • Global Business Power Corporation, Philippines
  • Star Paper Mills Limited - India
  • IEA Clean Coal Centre - UK
  • Singapore Mercantile Exchange
  • Cebu Energy, Philippines
  • Anglo American - United Kingdom
  • Siam City Cement PLC, Thailand
  • Pinang Coal Indonesia
  • IMC Shipping - Singapore
  • NTPC Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Indogreen Group - Indonesia
  • Thermax Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Renaissance Capital - South Africa
  • Kapuas Tunggal Persada - Indonesia
  • Intertek Mineral Services - Indonesia
  • Shree Cement - India
  • Globalindo Alam Lestari - Indonesia
  • TeaM Sual Corporation - Philippines
  • Chamber of Mines of South Africa
  • DBS Bank - Singapore
  • Edison Trading Spa - Italy
  • Indo Tambangraya Megah - Indonesia
  • Planning Commission, India
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Transport, Egypt
  • Krishnapatnam Port Company Ltd. - India
  • Georgia Ports Authority, United States
  • GNFC Limited - India
  • EIA - United States
  • RBS Sempra - UK
  • World Coal - UK
  • Australian Coal Association
  • Price Waterhouse Coopers - Russia
  • Jindal Steel & Power Ltd - India
  • LBH Netherlands Bv - Netherlands
  • KPCL - India
  • Wilmar Investment Holdings
  • GMR Energy Limited - India
  • JPower - Japan
  • Binh Thuan Hamico - Vietnam
  • Standard Chartered Bank - UAE
  • Vedanta Resources Plc - India
  • Bayan Resources Tbk. - Indonesia
  • Berau Coal - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Runge Indonesia
  • Freeport Indonesia
  • Cosco
  • McConnell Dowell - Australia
  • Meralco Power Generation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • KEPCO - South Korea
  • Oldendorff Carriers - Singapore
  • Sarangani Energy Corporation, Philippines
  • Bhushan Steel Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • EMO - The Netherlands
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Parry Sugars Refinery, India
  • Inspectorate - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Formosa Plastics Group - Taiwan
  • Moodys - Singapore
  • Bulk Trading Sa - Switzerland
  • Kobe Steel Ltd - Japan
  • Sindya Power Generating Company Private Ltd
  • globalCOAL - UK
  • Petron Corporation, Philippines
  • Bangladesh Power Developement Board
  • South Luzon Thermal Energy Corporation
  • Toyota Tsusho Corporation, Japan
  • WorleyParsons
  • SMC Global Power, Philippines
  • Maheswari Brothers Coal Limited - India
  • Thailand Anthracite
  • TANGEDCO India
  • Metalloyd Limited - United Kingdom
  • Coalindo Energy - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • ASAPP Information Group - India
  • Indorama - Singapore
  • Credit Suisse - India
  • Enel Italy
  • GVK Power & Infra Limited - India
  • Straits Asia Resources Limited - Singapore
  • Minerals Council of Australia
  • Glencore India Pvt. Ltd
  • Bangkok Bank PCL
  • NALCO India
  • Noble Europe Ltd - UK
  • MEC Coal - Indonesia
  • Arch Coal - USA
  • Kideco Jaya Agung - Indonesia
  • The State Trading Corporation of India Ltd
  • Meenaskhi Energy Private Limited - India
  • Gupta Coal India Ltd
  • PTC India Limited - India
  • APGENCO India
  • SASOL - South Africa
  • Samsung - South Korea
  • Gujarat Electricity Regulatory Commission - India
  • Infraline Energy - India
  • New Zealand Coal & Carbon
  • Bank of America
  • Adaro Indonesia
  • Ministry of Mines - Canada
  • Antam Resourcindo - Indonesia
  • Total Coal South Africa
  • Tamil Nadu electricity Board
  • ETA - Dubai
  • Sree Jayajothi Cements Limited - India
  • Baramulti Group, Indonesia
  • SRK Consulting
  • Indika Energy - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Bank of China, Malaysia
  • Interocean Group of Companies - India
  • Argus Media - Singapore
  • Coeclerici Indonesia
  • Cargill India Pvt Ltd
  • Energy Development Corp, Philippines
  • Mintek Dendrill Indonesia
  • KPMG - USA
  • Altura Mining Limited, Indonesia
  • Essar Steel Hazira Ltd - India
  • VISA Power Limited - India
  • Indian Energy Exchange, India
  • Tata Chemicals Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Barclays Capital - USA
  • Orica Australia Pty. Ltd.
  • Idemitsu - Japan
  • GHCL Limited - India
  • CNBM International Corporation - China
  • CESC Limited - India
  • Makarim & Taira - Indonesia
  • Energy Link Ltd, New Zealand
  • Therma Luzon, Inc, Philippines
  • Deloitte Consulting - India
  • Sojitz Corporation - Japan
  • Medco Energi Mining Internasional
  • Siam City Cement - Thailand
  • Coaltrans Conferences