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, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving ...


Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia P ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 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 ...

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