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

Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...


Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 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 ...

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