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Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
 India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. MMTC has invited bids for purchasing coal to meet the requirements of the power major.
The bids would have to be submitted by June 4 and would be evaluated the same day, MMTC said on its website. According to the Central Vigilance Commission guidelines, the bid would be split in the ratio of 60:40 considering the nature of the fuel. Thus, the lowest bidder would supply 60 per cent of the quality and remaining 40 per cent would be purchased from the second lowest, the trading firm said.
Besides importing coal, the successful bidders would be responsible for making all arrangements for delivering the dry fuel at NTPC’s thermal power stations. The power company would only arrange for unloading of coal from railway wagons at their electricity generation plants, it said.
During this fiscal, NTPC requires close to 150 million tonnes of coal. Since the imported coal has a higher calorific value, the 12.5 million tonnes of dry fuel would meet around 20 million tonnes of fuel demand of NTPC.
Coal India Limited and its subsidiaries would meet the remaining requirement of about 130 million tonnes for NTPC during this fiscal. NTPC had set a target of importing 8.2 million tonnes of coal. It revised coal import target upwards to 12.5 million tonnes for this fiscal considering its power generation capacity addition of about 3,000 Mw this financial year.
NTPC had imported nearly 5 million tonnes of coal of the targeted 8.2 million tonnes during 2008-09 for meeting its requirement of 125 million tonnes. NTPC would commission two units of its Dadri thermal power station in Uttar Pradesh, one unit each in Sipat (Chhattisgarh), Korba (Chhattisgarh) and Aravalli (Jhajjar, Haryana) in 2009-10. Presently, NTPC has installed power generation capacity of around 30,000 Mw in the country.
Source: Ship Chartering
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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- Therma Luzon, Inc, Philippines
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- PowerSource Philippines DevCo
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- Romanian Commodities Exchange
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- Australian Coal Association
- Siam City Cement - Thailand
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- Coalindo Energy - Indonesia
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- Economic Council, Georgia
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- Indian Oil Corporation Limited
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- Sojitz Corporation - Japan
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- SMG Consultants - Indonesia
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- Bulk Trading Sa - Switzerland
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- Coal and Oil Company - UAE
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- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
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- Petrochimia International Co. Ltd.- Taiwan
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- Binh Thuan Hamico - Vietnam
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- Tamil Nadu electricity Board
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