{"id":10245,"date":"2012-04-25T04:30:05","date_gmt":"2012-04-25T02:30:05","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-1-coal-india-mulls-15-mln-t-imports-suppliers\/"},"modified":"2012-04-25T04:30:05","modified_gmt":"2012-04-25T02:30:05","slug":"update-1-coal-india-mulls-15-mln-t-imports-suppliers","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-coal-india-mulls-15-mln-t-imports-suppliers\/","title":{"rendered":"UPDATE 1-Coal India mulls 15 mln T imports -suppliers"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>By Jacqueline Cowhig<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, April 24<\/span> (Reuters) &#8211; The world&#8217;s largest coal miner,<br \/>\nCoal India (CIL), has been discussing importing up to<br \/>\n15 million tonnes of thermal coal with suppliers, but there are<br \/>\nnumerous obstacles to overcome before a tender can be issued,<br \/>\nsupplier sources said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Coal India is clearly under a lot of pressure to make up<br \/>\nthe shortfall in its own output but a lot needs to be covered<br \/>\nbefore they can import,&#8221; one Delhi-based source said.<\/p>\n<p><span><\/span><\/p>\n<p>CIL would have to revise the terms and conditions of its<br \/>\nprevious, cancelled tenders, because these were unacceptably<br \/>\nimbalanced in its favour, potential suppliers said.<\/p>\n<p><span><\/span><\/p>\n<p>CIL is looking at a tender which would require suppliers to<br \/>\noffer to individual power plants on a delivered to plant basis,<br \/>\na requirement likely to dissuade some large coal producers,<br \/>\nsuppliers said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Previous tender documents were onerous and one-sided,&#8221; one<br \/>\nsupplier familiar with CIL&#8217;s cancelled tender said.<\/p>\n<p><span><\/span><\/p>\n<p>Producers including Peabody and Xstrata did<br \/>\noffer into CIL&#8217;s cancelled tender but more may be tempted if the<br \/>\nterms and conditions are more attractive.<\/p>\n<p><span><\/span><\/p>\n<p>India has been plagued by power shortages due to a lack of<br \/>\nfuel, because it has not been able to produce enough of its own<br \/>\ncoal or import at target levels.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jacqueline Cowhig LONDON, April 24 (Reuters) &#8211; The world&#8217;s largest coal miner, Coal India (CIL), has been discussing importing up to 15 million tonnes of thermal coal with suppliers, but there are numerous obstacles to overcome before a tender can be issued, supplier sources said. &#8220;Coal India is clearly under a lot of pressure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10245","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10245"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10245\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}