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

Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...


Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...


Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...


Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...


Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...


   1076 1077 1078 1079 1080   
Showing 5386 to 5390 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 ...

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