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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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