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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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Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
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- Coalindo Energy - Indonesia
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- London Commodity Brokers - England
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- Baramulti Group, Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
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- The State Trading Corporation of India Ltd
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- Orica Australia Pty. Ltd.
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- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
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- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Goldman Sachs - Singapore
- White Energy Company Limited
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- Australian Commodity Traders Exchange
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- Electricity Authority, New Zealand
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- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
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- Globalindo Alam Lestari - Indonesia
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- Wilmar Investment Holdings
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- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
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- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
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- Orica Mining Services - Indonesia
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- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
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- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Price Waterhouse Coopers - Russia
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- ICICI Bank Limited - India
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- Attock Cement Pakistan Limited
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- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
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- Wood Mackenzie - Singapore
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