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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

Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...


Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
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Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...


Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing. The BD ...


Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...


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