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

Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...


Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...


Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected. The BDI saw a bigger drop compared to ...


Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for  transportation and sale of coal, which was the ...


Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of  Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan  h ...


   1077 1078 1079 1080 1081   
Showing 5391 to 5395 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 ...

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