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Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
 Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1.5 million) metric tonnes of non-coking steam (thermal) imported coal. The company has invited bids from coal suppliers for supply of coal on high seas sale basis.
The company is planning to procure 15 lakh (1.5 million) metric tonnes of imported coal for one year, which will be used for its Gandhinagar, Wanakbori and Sikka thermal power stations. The successful bidders will have to supply 1.25 lakh (125,000)metric tonnes per month. The size of the tender is Rs. 750 crore (US$ 156,315,163). GSECL floated the tender on 17 September and the last date for submission of online and physical tender is October 3.
As per the eligibility criteria set by the company, a single bidder must have supplied annual average quantity of 10 lakh (1 million) tonnes of imported steam (thermal) coal to power utilities in India in last three financial years (i.e. 30 lakh (3 million) tonnes in 2006-07, 2007-08 and 2008-09). The supply could be directly or through PSUs. In case of joint venture or consortium, at least on member of the JV/consortium must have supplied the said quantity.
However, this criteria might irk some willing to participate in tendering process. At least, one company, which is one of the leading coal suppliers in India with coal supplies of 1 crore tonnes last year, has dashed off a letter to Gujarat government seeking its intervention in the matter on the ground that the criteria of 30 lakh tonnes of coal supply to power utilities only will restrict competition as only two or three players can meet this criteria.
Referring to a tender recently floated by MMTC Ltd to procure 1.25 crore (12.5 million) metric tonnes of imported coal for NTPC, the company official said that MMTC had allowed participation by those companies which had handled coal supply of 20 lakh (2 million) metric tonnes in any one financial year during last three fiscals, whereas GSECL's tender for 15 lakh (1.5 million) metric tonnes requires experience of supplying 30 lakh (3 million) metric tonnes in last three fiscals. The GSECL criteria also says that the bidder must have supplied this quantity to only power utilities.
"MMTC had allowed participation by the companies who had supplied specified quantity to various sectors such as power, cement, steel, fertiliser and industrial utilities. As a result, MMTC's tender saw five bidders", the official added. The company also complained about short period for submitting bids.
The company has also tried to bring this to the notice of other authorities such as Gujarat Electricity Regulatory Commission, chairman and managing director of GSECL, the principal secretary, department of energy, vigilance commissioner, Gandhinagar.
Source:Business Standard
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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
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- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
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- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
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- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
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- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
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- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
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- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
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