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Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power Corp. (Napocor) at $80.50 a ton, cost and freight, the lowest of two bids submitted at a tender on Wednesday, a senior official said.
The offer by PT Delta Mineral International covers three lots of thermal coal, at 65,000 tons each lot.
Another Indonesian company, PT Tanito Harum, gave a bid of $81.69 a ton, C&F, for the same volume of the fuel meant for Napocor's Sual power station on the main island of Luzon.
Napocor has set a budget of $81.72 per ton, C&F, for the coal scheduled for delivery between August and October.
The bids will be subject to further technical evaluation, said Robert Balderas, head of the technical working group for the Sual facility. He added the contract may be formally awarded over the next few weeks.
The state-run firm has so far awarded more than 1.5 million tons in coal supply contracts this year to Indonesian firms. That is less than half of the nearly 3.5 million tons it plans to import for 2009.
Napocor has had several failed tenders, with many prospective suppliers finding its budget too low.
Prices of power-station coal in Australia, a benchmark for Asia, held above $71 a ton over the past week, as supplies of prompt-loading cargoes remain limited
Source: ABS-CBN News
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Wednesday, 15 July 09
BANGLADESH TO IMPORT COAL FROM INDIA FOR 1 MORE YR
Bangladesh has decided to import coal from neighbour India for another year to save foreign exchange and time, a commerce ministry official said on ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
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