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, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...


Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...


Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...


Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...


Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points. The Cape and Panamax index was almost ...


   1119 1120 1121 1122 1123   
Showing 5601 to 5605 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 ...

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