COALspot.com keeps you connected across the coal world
  • Newcastle Thermal Coal (API 5), delivery 1Q 2016 FOB Avg: US$ 42.05 (1.4% dod) as on 28 August 2015 (8pm SG time) - SGX AsiaClear
  • Newcastle Thermal Coal (API 5), delivery 4Q 2015 FOB Avg: US$ 41.87 (1.0% dod) as on 28 August 2015 (8pm SG time) - SGX AsiaClear
  • Sub-Bit Indonesia Coal, delivery Q1 2016 FOB Avg: US$ 40.80 (0.2% dod) as on 28 August 2015 (8pm SG time) - SGX AsiaClear
  • Sub-Bit Indonesia Coal, delivery 4Q 2015 FOB Avg: US$ 40.62 (0.8% dod) as on 28 August 2015 (8pm SG time) - SGX AsiaClear
  • Indonesia is planning to revise Indonesian coal price reference formula and the revision is expected to be completed by next month
  • Richards Bay Coal (SGX API 4), delivery Q1 2016 FOB Avg: US$ 53.15 (1.8% dod) as on 27 August 2015 (London close) - SGX AsiaClear
  • Richards Bay Coal (SGX API 4), delivery 4Q 2015 FOB Avg: US$ 53.80 (1.8% dod) as on 27 August 2015 (London close) - SGX AsiaClear
  • Indonesian coal miners are cutting down coal output. PT Pesona Khatulistiwa Nusantara cut around 26%, PT Reswara Minergi Hartama cut down by 64% - Media
  • COALspot.com's self assessment - Indonesian 5800 GAR coal (Physical) market direction: WEAK (last update : 19 August 2015)
  • Ministry of Energy of Indonesia has REVISED DOWN AUGUST 2015 Coal Price Reference to US$ 59.14 per ton (Last Update: 15/08/15)
  • SHARE YOUR COAL NEWS WITH COALspot.com - 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

Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...


Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...


Friday, 28 August 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING AUGUST 22 ROSE FOR THE THIRD STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.5 million shor ...


Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
Coal Business: Asia-Pacific Synergies Increase Competitiveness for Premium Export Market. Banpu Public Company Limited (BANPU) strengthens its ...


Thursday, 27 August 15
RATES FOR CAPES REMAINED ON A FREE FALL LAST WEEK - INTERMODAL
COALspot.com: Keeping everyone on their toes with the volatility seen in August, the Dry Bulk market undoubtedly remains a steady provider of chall ...


   1 2 3 4 5   
Showing 1 to 5 news of total 4025
News by Category
Popular News
 
Total Members : 21,124
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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