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.
|
|
Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
|
|
|
Showing 6591 to 6595 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
|
| |
| |
|
