NTPC issues tenders 4 million tonnes of steam coal

Tuesday, 22 Nov 2011

Country's top power producer NTPC recently floated tenders for importing 4 million tonnes of coal for 14 of its projects. The company has scrapped an earlier tender of the same amount to change certain technical specifications.

The company floated four tenders for supply to projects including Farakka, Khalgaon, Simhadri, Talcher, Singrauli, Dadri, Sipat and Rihand.

The tender said that the selected bidder would be responsible for sourcing non coking coal and delivering it till various NTPC power stations. Scope of work includes supply of imported non-coking steam coal to NTPC at Indian ports, storage, port clearances, arranging railway rakes, transportation and delivery at NTPC power station.

NTPC estimates total coal requirement of about 162 million tonnes during the current year and targets importing 16 million tonnes. It has already signed an agreement with state run State Trading Corp for importing 12 million tonnes.

It said that the company would finance the tender through its internal resources. The bid documents will be available for a month.

(Sourced from ET)

NTPC floats tender for importing 4 mt of coal

New Delhi, Nov. 21:

NTPC Ltd has floated a tender on Monday for importing 4 million tonnes of coal to bridge the shortfall of the fuel from domestic sources.

The country's biggest power producer has decided to import the coal directly, rather than depend on designated trading agencies, to cut down on delays. Coming at a time when the rupee has weakened sharply against the dollar, higher coal imports by NTPC could spell bad news for consumers as the move could impact power tariffs. NTPC consumes around 164 million tonnes of coal a year to fire over two-thirds of its installed generation capacity of around 35,000 MW.

The imported coal is to be used across 14 of the power major's thermal stations in the coming months. NTPC is already in a pact to import around 12 million tonnes of coal through State Trading Corporation. The new tender, along with the STC contract, would make up the company's coal import target of 16 million tonnes set for the current fiscal.

In the coming future, NTPC is looking at striking long-term contracts spanning 25 years for sourcing 10-15 million tonnes to ensure steady supplies and lower price volatility.

NTPC's average imported coal blending during 2010-11 was close to 8 per cent in comparison to about 6.5 per cent in the previous year. This could be much higher this year, as the domestic coal shortage is only getting worse and imports are surging.

In the long-term, the state-owned power utility aims to meet about 20 per cent of its coal needs through captive mines by 2017. The Centre has allotted seven mines to NTPC, including two blocks to be developed through joint ventures.

(sourced BusinessLine)

NTPC to invite bids for long-term coal imports in 2-3 months

Tuesday, 8 Nov, 2011 |Agency PTI

NEW DELHI: To meet its rising fuel demand, country's largest power producer NTPC plans to seek bids in next two to three months for long-term supply of imported coal of up to 20 million tonnes per annum.

"We will seek bids for supply of imported coal for a period of 15-20 years. The amount will be up to 20 million tonnes per year," NTPC CMD Arup Roy Choudhury told reporters here today on the sidelines of a CII conference.

He said bids wills be invited in next two to three months.

According to Choudhury, NTPC needs to securities imported coal, which accounts for about 10 per cent of the company's total requirements.

Recently, severe coal shortages due to multiple factors had hurt power generation at various NTPC plants.

"As of now, our plants are generating the full (power) as demanded from us," he said.

Noting that imported coal would not be the solution for the country due to its cost, he said that domestic coal production needs to be increased.

"The main issue is whether the power we generate is affordable or not," he noted.

State-run NTPC has an installed capacity of over 35,000 MW.

(sourced ET)

India's NALCO issues tender to buy 225,000 T coal-source

Fri Sep 2, 2011

BHUBANESWAR, India, Sept 2 (Reuters) - India's state-run National Aluminium Company (NALCO) has issued a global tender to buy 225,000 tonnes of non-coking coal, a senior company official said on Friday.

The last date for submission of bids is Sept. 12, said the official, who is close to the tendering process but could not be named due to company policy.

NALCO imports about 1 million tonnes of coal every year to meet the requirement of its captive power plant located at Angul, in eastern Indian Orissa state, which powers its aluminium smelter.

Malabar Cements seeks 40000 tonne of steam coal

Saturday, 20 Aug 2011

Bloomberg reported that India’s Malabar Cements Ltd is seeking to import 40,000 tonnes of power-plant coal through a tender.

According to a document on the company’s website, suppliers must submit their offers by September 2.

The document said that imported coal must be of South African or Chinese origin with a minimum gross calorific value of 6,300 kilocalories per kilogram, a maximum total moisture content of 12%, maximum ash content of 15% and maximum sulfur content of 1%. Deliveries of 7,000 to 7,500 tonnes should start in October and be completed by April.

(Sourced from Bloomberg)

KOSPO SEEKING 65KT STEAMING COAL

Monday, 09 May 11

Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. Delivery is between June 1 and July 31 on either FOBT and/or CFR basis. The bids close on May 18 15:00 (KST), according to company's website.

KOSPO has recently awarded a Panamax size coal supply contract.

For further details about tender click here

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(sourced Coalspot)

Nalco to take call on steam coal import bids soon

Tuesday, 03 May 2011

National Aluminum Company will decide on bids for coal supply for its INR 18,000 crore aluminum cum power project in Indonesia over the next couple of weeks.

West Asia based MEC Coal and Indonesia based Bumi Prasada are the two companies bidding for supplying coal to Nalco’s east Indonesia based Kalimantan project. PT Bumi Resources is the world’s largest coal producer and Indonesia is the world’s largest exporter of the black gold. MEC is a member of the Trimex group of companies a global minerals and metals conglomerate.

Mr BL Bagra CMD of Nalco said that “There were some clarifications needed and both the companies were in Orissa for discussing it with us. Depending on the price bids received we will finalize the deal in the next couple of weeks and send it for board approval. Both firms will submit detailed commercial proposals over the next couple of weeks.”

MEC Coal Pte through its Indonesian subsidiaries is developing coal concessions in Indonesia, along with an integrated heavy haul rail transportation system and ship loading jetty.

(sourced mydigitalfc)

India's NTPC to issue import tender for 4 mln T coal

Fri Mar 4, 2011 4:31am GMT

* State-run utility's first tender to directly import coal
* Says FY12 coal import seen at 16 mlnT vs 12.5 mlnT in FY11
* Aims to add over 5,000 MW in FY12 vs 3,150 MW in FY11

NEW DELHI, March 4 (Reuters) - India's largest power producer, NTPC Ltd (NTPC.BO: Quote), will this month float its first tender to directly import 4 million tonnes of coal to feed its expanding capacity, its chairman said on Friday.

Arup Roy Choudhury said the state-run utility, which had relied on government trading firms such as MMTC Ltd (MMTC.BO: Quote) and State Trading Corp of India (STC) (STCI.BO: Quote) for imports, would consume 12.5 million tones of imported coal in the current year ending on March 31.

"Next fiscal we plan to import 16 million tones. Of this 12 million tonnes have already been arranged by STC, and remaining we will do directly. By March 31 we will float the coal import tender for 4 million tonnes," he said.

NTPC would be seeking 5,700-6,300 gross calorific value coal through the tender and would want sellers to deliver coal at its plants, Roy Choudhury said.

India has 10 percent of the world's coal reserves, the biggest after the United States, Russia and China, but imports have grown rapidly and the country plans to import 84 million tonnes in the current financial year.

Coal-fired plants account for about half of India 168 gigawatts installed capacity.

NTPC aims to add more than 5,000 megawatts (MW) generation capacity in the next fiscal year versus about 3,150 MW in the current fiscal, Roy Choudhury said.

India needs to significantly raise its power generation capacity to reduce peak hour power shortages and provide electricity to millions of rural households.

NTPC's coal import requirement is set to rise further as it aims to have 75,000 MW generation capacity by March 2017, as against 33,000 MW now, Roy Choudhury said. (Reporting by Nidhi Verma; Editing by Ranjit Gangadharan,sourced:Thomson Reuters)