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Saturday, 08 May 10
MAHAGENCO TO IMPORT 3.35 MILLION TON OF COAL


COALspot.com: Indian utility Maharashtra State Power Generation Co. Ltd. is in market for 3.35 million tones of imported coal. The purchase of coal to be through international tender. The last date of tender submission is on 14 May 2010 and awards are expected within 30days from last date of tender submission.

Karnataka Power Company Limited is also planning to import 900,000 MT of Indonesian coal for this financial year. KPCL's requirment of coal was Gross Calorific value (adb) 5600 - 6300 kcal/kg, Total Moisture (arb) 15 - 23%, Ash (adb) 10 - 14% and Sulphur ( adb) 0.8% max.

According to our sources, 7 Indian coal traders were participated the tender and Gupta Coal was offered lowest delivered price of Indian Rupees (INR) 4,248 / MT (US$ 94.64)  for Indoensian coal and second lowest offered by Adani INR 4,484.50 / MT (US$ 99.90)

Bhatia Coal offered INR 4,694 / MT (US$ 104.57), KISPL  INR 4,850 / MT (US$ 108.05), MSTC INR 5,493 / MT (US$ 122.37), CEPL INR 5,520/ MT (US$123.09) and Visa INR 5,616 / MT (US$ 125.12). The quoted price was including, FOB coal price, Sea Freight, import duty, and local transportation cost until power plant.

The participants of KPCL tender have offered Indonesian coal and coal to be delivered within 12 months from date of award of contract.(cs)



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Recent News

Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695  of coal in May 2010. May coal exports dropped by 20.61 percent co ...


Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...


Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...


Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...


Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...


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