COALspot.com keeps you connected across the coal world
  • FOB Indonesia 5,700 GAR Coal index have slumped 4.54% since 8 Jan 2016 (YTD) while FOB Indonesia 5000 GAR coal index has declined 3.22% over the same period - CS (i) Coal Index (last update : 22 April 2016)
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.
  • Ministry of Energy of Indonesia has REVISED UP April 2016 Coal Price Reference to US$ 52.32 a ton (Last Update: 11/4/16)
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - news@coalspot.com
  • CS (i) Coal Index represent 3800, 4200, 5000 and 5700 kcal/kg GAR coal of Indonesian Origin

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, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3  million short to ...


Thursday, 05 May 16
DRY BULK MARKET ON REVERSE MODE, AS HOLIDAYS AROUND THE WORLD HURT DEMAND - HELLENIC SHIPPING NEWS
The dry bulk market’s recent rally has been put on a temporary hold, as various holidays around the world have put a stop in it. In its lates ...


Wednesday, 04 May 16
COAL IMPORTS: A VOLATILE MATTER OR STILL POWERING DOWN? - CLARKSONS
Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording ...


Wednesday, 04 May 16
IS THE DRY BULK MARKET OUT OF THE WOODS YET, OR NOT? - HELLENIC SHIPPING NEWS
Things are beginning to brighten up in the beleaguered dry bulk market, which is riding on a multi-week rally to find itself around the “psyc ...


Wednesday, 04 May 16
POWER - WEEK: REAL EXAMPLES AND CASE STUDIES
POWER WEEK 7 - 11 November 2016, PARKROYAL on Beach Road Hotel, Singapore www.power-week.com  Overview Designed for the global e ...


   1 2 3 4 5   
Showing 1 to 5 news of total 4424
News by Category
Popular News
 
Total Members : 22,162
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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