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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (thermal) imported coal to Gujarat State Electricity Corporation Ltd (GSECL) on high seas sale basis.
The five players, who have bid for supplying imported coal to the state PSU, include ADANI ENTERPRISE, a trading arm of the Adani Group, MMTC, STATE TRADING CORPORATION (STC), ANAND GROUP and COASTAL ENERGY, a subsidiary of Dubai-based Coal and Oil Group.
All the companies have submitted technical and financial bids. "Currently, we are evaluating technical bids. The bidding process is likely to be completed within one month," said a senior company official.
The state-run power company had floated tender in September 2009 for procurement of 15 lakh (1.5 million) metric tonnes of coal. The total size of the tender is Rs. 750 crore (US$ 161,463,970).
GSECL intends 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.
As per the eligibility criteria set by GSECL, 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.(1 USD = 46.4500 INR)
Source:Business-Standard
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Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
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- Chettinad Cement Corporation Ltd - India
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- The State Trading Corporation of India Ltd
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- Gujarat Electricity Regulatory Commission - India
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- Singapore Mercantile Exchange
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- Trasteel International SA, Italy
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- Renaissance Capital - South Africa
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- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indian Energy Exchange, India
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- ICICI Bank Limited - India
- Mjunction Services Limited - India
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- India Bulls Power Limited - India
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- Australian Coal Association
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- Georgia Ports Authority, United States
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- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
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- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
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- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
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- Ministry of Finance - Indonesia
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- Chamber of Mines of South Africa
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- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
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- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
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- Coastal Gujarat Power Limited - India
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- Commonwealth Bank - Australia
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- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
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- Kumho Petrochemical, South Korea
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- Romanian Commodities Exchange
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