We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
 The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central Vigilance Commission seeking to know whether government norms were violated or tender conditions changed to tailor the deal to suit two private firms, top government sources said.
During UPA-1, it was decided that MMTC will import 12.5 million tonnes of coal for state-run generation utility NTPC. The import was to make up the shortfall in domestic supplies and help ramp up electricity generation. Accordingly, MMTC floated the tender on May 19 this year and gave 15 days for bidders to submit their quotes.
Three bidders are in fray after one firm was disqualified in the absence of earnest money deposit. While MMTC is yet to open the price bids, CVC has asked MMTC's chief vigilance officer to examine whether government procedures had been violated. The directive came after fingers were pointed at MMTC for the number of changes that were affected after the tender was floated.
TOI has tender documents and the amendments which show tender norms were changed thrice. This, complaint letters sent to CVC allege, was done to remove competition and ensure that only certain firms would fit the bill. Separate RTI documents also suggest that the same firm had been the lone qualified bidder in coal tenders floated by State Trading Corporation, another commerce ministry firm.
The documents also suggest that MMTC ignored facts which would have otherwise disqualified the two firms. It appears the aim was to restrict the order among the two firms since CVC norms allow splitting import orders between the lowest and second-lowest bidder -- who has to match the lowest price -- in the ratio of 60:40.
The documents also point out other lapses. For example, a bidder had to give a self-declaration that it had no cases pending nor was blacklisted over coal supplies. Surprisingly, the sources said this firm was facing as many as 13 suits. Besides, the tender norms also bar proxy bidding, or bidding by companies that have relationship with another bidder. Among the bidders is a joint venture of another competitor.
Source: Times of India (http://timesofindia.indiatimes.com/India/Rs-6000cr-MMTC-coal-import-plan-under-cloud/articleshow/4693998.cms)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
|
|
|
Showing 6571 to 6575 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
|
| |
| |
|
