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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL


COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal through a tender, according to a tender document released by company. 

The imported coal must be of South African or Chinese origin with GCV 6300 Kcal/Kg Minimum, Total Moisture 12% Maximum (ARB), Ash Content 15% Maximum (ADB), Volatile Matter 18-30% (ADB) and Total Sulphur 1% Maximum(ADB).

However, if the ash content in the coal supplied exceeds 15 percent, MCL has the discretion to accept the coal with maximum ash content upto 18% on levying penalty on prorata basis for increase in ash content over and above 15%. MCL will impose a penalty of INR 300/- (approximately US$ 6.61) per MT for every 1% increase in Ash content above 15% upto 18% on Pro-rata basis, according to tender document.

Deliveries of 7,000 to 7,500 tons (per month) coal should start in October 2011 and be completed by April 2012, according to tender document.

The due date for submission of the Tender is 02.09.2011 by 2.00 PM IST. Suppliers must keep the validity of the offer until 02.12.2011.



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Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...


Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...


Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...


Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...


Wednesday, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release -  The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...


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