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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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Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
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- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
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- Australian Coal Association
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
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- Ministry of Finance - Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
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- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Posco Energy - South Korea
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- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
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- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
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- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
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