COALspot.com keeps you connected across the coal world
  • MINISTRY OF ENERGY OF INDONESIA HAS REVISED DOWN JUNE 2017 COAL PRICE REFERENCE TO US$ 75.46 A TON (LAST UPDATE: 7 JUNE 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, 28 July 17
U.S. WEEKLY COAL PRODUCTION UP 1.4% WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tonn ...


Thursday, 27 July 17
CAMPBELL SHIPPING APPOINTS ISS FOR GLOBAL HUSBANDRY REPRESENTATION SERVICES CONTRACT - ISS
COALspot.com: Inchcape Shipping Services (ISS) is delighted to announce that it has secured a global husbandry representation contract with Campbel ...


Thursday, 27 July 17
A VOLATILE WEEK IN THE CAPE MARKET - FEARNLEYS
Supramax The black sea still performing well although bit fewer fixtures concluded/reported. Rates lie somewhere around 18 -19 on front-haul . Bo ...


Wednesday, 26 July 17
SHIPPIPNG MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note, with all indices steadily increasing u ...


Monday, 24 July 17
THE FREIGHT MARKET ROSE THIS PAST WEEK COMPARED TO THE PREVIOUS WEEK
COALspot.com: The Freight market rose this past week compared to the previous week, as BDI and Cape indexes show a positive trend week over week. ...


   1 2 3 4 5   
Showing 1 to 5 news of total 4876
News by Category
Popular News
 
Total Members : 24,150
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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