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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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Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
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- Videocon Industries ltd - India
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- Economic Council, Georgia
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- SMG Consultants - Indonesia
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- Australian Coal Association
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- Samtan Co., Ltd - South Korea
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- Commonwealth Bank - Australia
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- Ambuja Cements Ltd - India
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- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
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- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
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- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
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- Wood Mackenzie - Singapore
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- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
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- Baramulti Group, Indonesia
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- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
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- The State Trading Corporation of India Ltd
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- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Singapore Mercantile Exchange
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- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
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- Ministry of Transport, Egypt
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- Kalimantan Lumbung Energi - Indonesia
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