COALspot.com keeps you connected across the coal world
  • Ministry of Energy of Indonesia has REVISED DOWN January 2017 Coal Price Reference to US$ 86.23 a ton (Last Update: 6 January 2017)
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - news@coalspot.com
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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, 20 January 17
U.S. WEEKLY COAL OUTPUT ESTIMATED 15.7 MMST; UP 14.1% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


Thursday, 19 January 17
KOREAN POWER UTILITY BORYEONG POWER TO IMPORT 660K TONS OF BITUMINOUS COAL FOR MARCH 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 590,000 Metric Tons of Bituminous coal and 7000 ...


Thursday, 19 January 17
PANAMAX RATES ARE UNDER PRESSURE IN BOTH HEMISPHERES - FEARNLEYS
Supramax The market remained flat and the week continued at the same pace as last. According to Fearnleys weekly dry bulk report, still more ...


Wednesday, 18 January 17
TANKER: THE CLEAN PRODUCT MARKET IS STILL NOT GIVING US ANY CLEAR SIGNS OF RECOVERY - GEORGE VASTARDIS
While we are approaching the Chinese New Year, the Clean Product market is still not giving us any clear signs of recovery, especially on The East ...


Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...


   1 2 3 4 5   
Showing 1 to 5 news of total 4723
News by Category
Popular News
 
Total Members : 23,361
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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