COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • COALspot.com's self assessment - Indonesian 5800 GAR coal (Physical) market direction: WEAK (last updated : 25 August 2014)
  • Ministry of Energy of Indonesia has revised DOWN AUGUST 2014 Coal Price Reference to US$ 70.29 per ton (Last Update: 12/8/14)
  • Sub-Bit Indonesia Coal, delivery Oct 2014 FOB Avg: US$ 52.40 (-0.57% dod) as on 2 SEPT 2014 (8pm SG time) - SGX AsiaClear
  • Sub-Bit Indonesia Coal, delivery Jan 2015 FOB Avg: US$ 53.90 (-0.65% dod) as on 2 SEPT 2014 (8pm SG time) - SGX AsiaClear
  • Power generation hit at NTPC due to coal shortage - The Hindu
  • Kenyan consortium says wins tender to build 1000-MW coal plant - Reuters Africa
  • Shipping rates to stay under pressure in near term: Shin Yang - Seatrade Global
  • Australia Premium Coking Coal (SGX TSI), delivery Jan 2015 FOB Avg: US$ 123.10 (-0.13% dod) as on 2 SEPT 2014 (8pm SG time) - SGX AsiaClear
  • Richards Bay Coal (SGX API 4), delivery Oct 2014 FOB Avg: US$ 69.70 (-0.99% dod) as on 2 SEPT (London close) - SGX AsiaClear
  • Australia Premium Coking Coal (SGX TSI), delivery Oct 2014 FOB Avg: US$ 116.55 (-0.21% dod) as on 2 SEPT 2014 (8pm SG time) - SGX AsiaClear
  • Newcastle Thermal Coal (API 5), delivery Oct 2014 FOB Avg: US$ 55.70 (-1.59% dod) as on 2 SEPT (8pm SG time) - SGX AsiaClear
  • Richards Bay Coal (SGX API 4), delivery Jan 2015 FOB Avg: US$ 72.20 (-0.96% dod) as on 2 SEPT (London close) - SGX AsiaClear
  • Newcastle Thermal Coal (API 5), delivery Jan 2015 FOB Avg: US$ 56.65 (-1.99% dod) as on 2 SEPT (8pm SG time) - SGX AsiaClear

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


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

Tuesday, 02 September 14
BERAU COAL HAS AWARDED A CONTRACT EXTENSION TO BUMA FOR 647 MLN BCM OVERBURDEN REMOVAL
COALspot.com: PT Delta Dunia Makmur Tbk (“DOID”) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama (&l ...


Monday, 01 September 14
GLOBALCOAL WELCOMES TWO NEW MARKET MEMBERS
COALspot.com: globalCOAL® announced today that two Market Members have joined its trading community. Both new Market Members are from the India ...


Sunday, 31 August 14
COAL FREIGHT RATES INTO INDIA FROM INDONESIA FIRM
COALspot.com: The freight market continued to firm  this week. BDI up 5.42 percent week ended 29 August and closed at 1147 points while the Ca ...


Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark ...


Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...


   1 2 3 4 5   
Showing 1 to 5 news of total 3357
News by Category
Popular News
 
Registered Members : 18,845

Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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