COALspot.com keeps you connected across the coal world
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.
  • FOB Indonesia 5,700 GAR Coal index have slumped 0.19% W/W and 4.42% YTD while FOB Indonesia 5000 GAR coal index has declined 0.10% and 2.65% respectevely over the same period - CS (i) Coal Index (last update : 21 May 2016)
  • Ministry of Energy of Indonesia has REVISED DOWN MAY 2016 Coal Price Reference to US$ 51.20 a ton (Last Update: 16/5/16)
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - news@coalspot.com

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES


COALspot.com:
TNPL to  award 300,000 MT of coal supply contract to Nehel General Trading of India.  Tamil Nadu state undertaking , Tamil Nadu News Print Limited a seasoned and professionally run company to award a spot contract  for six Supramax shipments to Nehel General Trading of India. Nehel Trading was quoted lowest price of US$ 79.53 per ton CIF Tuticorin / Ennore for Calorific value of 6000 kcal/kg GAD and Total Moisture 15% (arb), against TNPL’s recent coal tender, industry sources said.

Indonesian coal likely to be supplied to TNPL against the recent tender.  There were Ten Indian coal trading companies were qualified to participate  in  the recent tender calling for 300,000 mt of imported coal. TNPL used to source coal from a combination of E- Tender and closed tender which they have been successfully doing for the past several years.  Bidders in the recent tender were MSTC, Star Coal, Phoenix, Coastal Energy, Nehel General trading, Adani, Rudhra Energy, Knowledge Infrastructure, Gupta coal and Bhatia International. Nehel was quoted at US$ 79.53 per ton CIF Tuticorin / Ennore and followed by Adani at US$ 79.62 per ton just 9 US cents higher than Nehel's price. However, the 3rd lowest price was around US$ 10 higher than the  first two lowest bidders, industry players further said.

Indonesian coal prices are expected to Increase in next month due to tight availability because of unseasonal rains affected coal producing areas in Indonesia, according to Indonesia coal Mining Association. “The freight market is expected to remain firm for next couple of weeks, as the iron ore movement is likely to increase”, said Capt. Reddy, Director of Vistaar Shipping, a ship operator in Singapore and India. Hence coal prices on FOB as well as CNF are seem to be increased coming weeks.

There was a rumors in the market that, TNPL was buying coal through the reccent tender on behalf of Tamil Nadu Electricity Board, the Tamil Nadu state owned electricity generator. This is further evidenced by TNPL’s tender documents mentions that disport may be Ennore or Tuticorin. TNEB used to unload the cargo through Ennore port and TNPL used to be receiving cargo either Tuticorin or Karaikkal port. Also market sources point out that MMTC, Indian government owned trading house,  was a long-term sole supplier of TNEB, couldn’t provide supplies due to delay in MMTC’s EoI finalization formalities.

However, the recent calling of 300,000 ton of coal supply tender by TNPL is for TNEB or not is unknown. 

Also the Indian trade sources says that if TNPL supplies coal to TNEB then EB would get fair prices and coal bill of EB may give relief to EB which overburdened with losses. MMTC used to supply coal to EB on index plus basis which resulted recent shipments at $100 plus whereas TNPL was successfully purchased millions of tones on firm price basis and always got lowest prices compared to other power utilities in India.

We further understand from trade circles that,  TNEB’s PSU enquiry ( MMTC, STC, MSTC and PEC ) was floated few days back and be closes by 16th August 2010. Trade circles are eagerly watching for the results. In addition, they said whether the latest TNPL tender price of US$ 79.53 has any impact or reflection to TNEB’s new inquiry which TNEB was calling for 500 k MT coal supplies through PSUs.

It looks that consumers in india are getting wiser and consolidating their requirements and enhancing their capabilities of bargaining.

About TNPL
Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tami Nadu during early eighties to produce Newsprint and Printing & Writing Paper using bagasse, a sugarcane residue, as primary raw material. The Company commenced production in the year 1984 with an initial capacity of 90,000 tonnes per annum. Over the years, the production capacity has been increased to 245,000 tonnes per annum and the Company has emerged as the largest bagasse based Paper Mill in the world consuming about one million tones of bagasse every year. The co is swapping other private units bagasse with supply of equivalent coal. There by tthe additional supplies of bagasse being put to use for high value bagasse pulp used for paper. By this process tnpl is saving huge forex and developing by leaps and bounds.this model of tnpl has been well appreciated by intll industrial circles. The Company is in the process of implementing the Mill Expansion Plan for increasing the capacity to 400,000 tonnes per annum from July



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 27 May 16
PET-COKE IMPORTS TO FACE PRESSURE IN INDIA
COALspot.com: An Indian environmental activist moved the National Green Tribunal seeking ban on the use of all forms of petroleum coke, also called ...


Friday, 27 May 16
US COAL PRODUCTION ROSE 2.9% WOW, ACCORDING TO EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.7 million short tons (mm ...


Thursday, 26 May 16
GIANT ORE CARRIERS SET TO PLAY A BIGGER ROLE IN THE GLOBAL SHIPPING FLEET: CHINA EMBRACES VALEMAXES - RICHARD SCOTT
Another phase of the giant ships era is approaching. Chinese shipowners placed orders recently for 30 huge ‘valemax’ ore carriers. Thes ...


Wednesday, 25 May 16
MEDIATION AS A WAY TO RESOLVE DISPUTES IN THE SHIPPING INDUSTRY - LANA JACOBS
KNOWLEDGE TO ELEVATE The shipping market is currently experiencing a serious recession with the Baltic Dry Index and Baltic Capesize Index bot ...


Wednesday, 25 May 16
DRY BULK SNP MARKET DISPLAYS SIGNS OF STRENGTH - GEORGE ILIOPOULOS
Only a couple of weeks away from the world’s most prominent maritime event, the market for tankers displays an evident lack of confidence in ...


   1 2 3 4 5   
Showing 1 to 5 news of total 4453
News by Category
Popular News
 
Total Members : 22,233
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Planning Commission, India
  • Billiton Holdings Pty Ltd - Australia
  • Singapore Mercantile Exchange
  • Romanian Commodities Exchange
  • Price Waterhouse Coopers - Russia
  • CCIC - Indonesia
  • ACC Limited - India
  • Ministry of Transport, Egypt
  • Aboitiz Power Corporation - Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Renaissance Capital - South Africa
  • PNOC Exploration Corporation - Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Rudhra Energy - India
  • Power Finance Corporation Ltd., India
  • IHS Mccloskey Coal Group - USA
  • Idemitsu - Japan
  • Samsung - South Korea
  • Larsen & Toubro Limited - India
  • Cement Manufacturers Association - India
  • ING Bank NV - Singapore
  • Total Coal South Africa
  • Chamber of Mines of South Africa
  • Bhushan Steel Limited - India
  • Ind-Barath Power Infra Limited - India
  • Xstrata Coal
  • Ince & co LLP
  • Chettinad Cement Corporation Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • KOWEPO - South Korea
  • Mitsubishi Corporation
  • Ernst & Young Pvt. Ltd.
  • Jaiprakash power ventures ltd
  • Essar Steel Hazira Ltd - India
  • bp singapore
  • GMR Energy Limited - India
  • Mercator Lines Limited - India
  • Gujarat Sidhee Cement - India
  • Lanco Infratech Ltd - India
  • Russian Coal LLC
  • ANZ Bank - Australia
  • Indian School of Mines
  • Manunggal Multi Energi - Indonesia
  • Arch Coal - USA
  • World Coal - UK
  • Banpu Public Company Limited - Thailand
  • Simpson Spence & Young - Indonesia
  • CNBM International Corporation - China
  • Krishnapatnam Port Company Ltd. - India
  • CoalTek, United States
  • WorleyParsons
  • White Energy Company Limited
  • Deutsche Bank - India
  • PTC India Limited - India
  • GVK Power & Infra Limited - India
  • Bhoruka Overseas - Indonesia
  • Mechel - Russia
  • Coal Orbis AG
  • TNB Fuel Sdn Bhd - Malaysia
  • Salva Resources Pvt Ltd - India
  • CESC Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Panama Canal Authority
  • Bharathi Cement Corporation - India
  • Directorate Of Revenue Intelligence - India
  • Australian Commodity Traders Exchange
  • Inspectorate - India
  • Economic Council, Georgia
  • TeaM Sual Corporation - Philippines
  • Indian Oil Corporation Limited
  • Thriveni
  • Electricity Generating Authority of Thailand
  • SRK Consulting
  • Global Coal Blending Company Limited - Australia
  • Cargill India Pvt Ltd
  • Noble Europe Ltd - UK
  • SMG Consultants - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • MEC Coal - Indonesia
  • Core Mineral Indonesia
  • Coal and Oil Company - UAE
  • Intertek Mineral Services - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Altura Mining Limited, Indonesia
  • India Bulls Power Limited - India
  • Wilmar Investment Holdings
  • Moodys - Singapore
  • Coaltrans Conferences
  • Maheswari Brothers Coal Limited - India
  • Commonwealth Bank - Australia
  • Georgia Ports Authority, United States
  • Toyota Tsusho Corporation, Japan
  • EIA - United States
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • IBC Asia (S) Pte Ltd
  • Mjunction Services Limited - India
  • Madhucon Powers Ltd - India
  • The India Cements Ltd
  • Formosa Plastics Group - Taiwan
  • Merrill Lynch Bank
  • Central Electricity Authority - India
  • Anglo American - United Kingdom
  • Orica Australia Pty. Ltd.
  • KPCL - India
  • Bulk Trading Sa - Switzerland
  • Trasteel International SA, Italy
  • Bahari Cakrawala Sebuku - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Thermax Limited - India
  • Berau Coal - Indonesia
  • Sucofindo - Indonesia
  • APGENCO India
  • Fearnleys - India
  • Miang Besar Coal Terminal - Indonesia
  • Interocean Group of Companies - India
  • Humpuss - Indonesia
  • NALCO India
  • Coeclerici Indonesia
  • Medco Energi Mining Internasional
  • Riau Bara Harum - Indonesia
  • Xindia Steels Limited - India
  • Kideco Jaya Agung - Indonesia
  • ICICI Bank Limited - India
  • Tanito Harum - Indonesia
  • UBS Singapore
  • ASAPP Information Group - India
  • Sindya Power Generating Company Private Ltd
  • Parliament of New Zealand
  • Ambuja Cements Ltd - India
  • GHCL Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • JPower - Japan
  • Alfred C Toepfer International GmbH - Germany
  • London Commodity Brokers - England
  • GNFC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Eastern Coal Council - USA
  • KPMG - USA
  • Independent Power Producers Association of India
  • Uttam Galva Steels Limited - India
  • Asia Cement - Taiwan
  • New Zealand Coal & Carbon
  • Enel Italy
  • PetroVietnam Power Coal Import and Supply Company
  • Mercuria Energy - Indonesia
  • Shree Cement - India
  • Adaro Indonesia
  • Kobexindo Tractors - Indoneisa
  • Energy Link Ltd, New Zealand
  • Standard Chartered Bank - UAE
  • Tata Power - India
  • Dalmia Cement Bharat India
  • Orica Mining Services - Indonesia
  • globalCOAL - UK
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SUEK AG - Indonesia
  • Sical Logistics Limited - India
  • Clarksons - UK
  • Malabar Cements Ltd - India
  • Oldendorff Carriers - Singapore
  • Gupta Coal India Ltd
  • Maersk Broker
  • Vitol - Bahrain
  • Credit Suisse - India
  • Adani Power Ltd - India
  • Lafarge - France
  • HSBC - Hong Kong
  • Freeport Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ministry of Finance - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • World Bank
  • The University of Queensland
  • Pendopo Energi Batubara - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Surastha Cement
  • Attock Cement Pakistan Limited
  • Geoservices-GeoAssay Lab
  • Cardiff University - UK
  • JPMorgan - India
  • Coalindo Energy - Indonesia
  • ETA - Dubai
  • Indonesian coal mining Association
  • U S Energy Resources
  • Borneo Indobara - Indonesia
  • Indonesia Power. PT
  • Africa Commodities Group - South Africa
  • Gresik Semen - Indonesia
  • Samtan Co., Ltd - South Korea
  • Arutmin Indonesia
  • Mitsui - Indonesia
  • Eastern Energy - Thailand
  • Port Waratah Coal Services - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Vizag Seaport Private Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Kapuas Tunggal Persada - Indonesia
  • Platou - Singapore
  • Central Java Power - Indonesia
  • Agrawal Coal Company - India
  • Thai Mozambique Logistica
  • Vedanta Resources Plc - India
  • Runge Indonesia
  • Wood Mackenzie - Singapore
  • DBS Bank - Singapore
  • Barasentosa Lestari - Indonesia
  • CEB - Sri Lanka
  • Bukit Makmur.PT - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • TANGEDCO India
  • Indogreen Group - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • GAC Shipping (India) Pvt Ltd
  • MS Steel International - UAE
  • Infraline Energy - India
  • PLN Batubara - Indonesia
  • Cemex - Philippines
  • Grasim Industreis Ltd - India
  • The State Trading Corporation of India Ltd
  • VISA Power Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Bank of America
  • Kohat Cement Company Ltd. - Pakistan
  • Jatenergy - Australia
  • Siam city cement PLC, Thailand
  • McKinsey & Co - India
  • Indika Energy - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • IOL Indonesia
  • BRS Brokers - Singapore
  • Shenhua Group - China
  • Platts
  • Ministry of Mines - Canada
  • Marubeni Corporation - India
  • Mitra SK Pvt Ltd - India
  • Thiess Contractors Indonesia
  • Peabody Energy - USA
  • Meenaskhi Energy Private Limited - India
  • BNP Paribas - Singapore
  • Maybank - Singapore
  • Heidelberg Cement - Germany
  • Antam Resourcindo - Indonesia
  • Thomson Reuters GRC
  • IEA Clean Coal Centre - UK
  • PetroVietnam
  • Straits Asia Resources Limited - Singapore
  • Bangladesh Power Developement Board
  • Siam City Cement - Thailand
  • CIMB Investment Bank - Malaysia
  • Kaltim Prima Coal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Jindal Steel & Power Ltd - India
  • Permata Bank - Indonesia
  • GB Group - China
  • Vale Mozambique
  • Edison Trading Spa - Italy
  • Goldman Sachs - Singapore
  • J M Baxi & Co - India
  • Aditya Birla Group - India
  • Cigading International Bulk Terminal - Indonesia
  • Inco-Indonesia
  • Barclays Capital - USA
  • Indorama - Singapore
  • Qatrana Cement - Jordan
  • UOB Asia (HK) Ltd
  • Posco Energy - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Deloitte Consulting - India
  • Rio Tinto Coal - Australia
  • Japan Coal Energy Center
  • Indo Tambangraya Megah - Indonesia
  • Star Paper Mills Limited - India
  • The Treasury - Australian Government
  • PLN - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Tata Chemicals Ltd - India
  • Sojitz Corporation - Japan
  • OCBC - Singapore
  • SGS (Thailand) Limited
  • IMC Shipping - Singapore
  • Carbofer General Trading SA - India
  • Makarim & Taira - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Coastal Gujarat Power Limited - India
  • Karaikal Port Pvt Ltd - India
  • Maruti Cements - India
  • Coal India Limited
  • Minerals Council of Australia
  • RBS Sempra - UK
  • Asmin Koalindo Tuhup - Indonesia
  • South Luzon Thermal Energy Corporation
  • Reliance Power - India
  • Kobe Steel Ltd - Japan
  • Glencore India Pvt. Ltd
  • NTPC Limited - India
  • Mintek Dendrill Indonesia
  • Videocon Industries ltd - India
  • Malco - India
  • Savvy Resources Ltd - HongKong
  • TNPL - India
  • Britmindo - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Pinang Coal Indonesia
  • SASOL - South Africa
  • Sakthi Sugars Limited - India
  • Merrill Lynch Commodities Europe
  • Argus Media - Singapore
  • Bhatia International Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Latin American Coal - Colombia
  • OPG Power Generation Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • McConnell Dowell - Australia
  • KEPCO - South Korea
  • Australian Coal Association
  • Petrosea - Indonesia
  • Metalloyd Limited - United Kingdom