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Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
 COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from Indian traders to supply 3.35 million metric tons of steaming coal against its recent inquiry. MAHAGENCO has floated a tender in last March to secure 3.35 million ton of coal for its NTPS, BTPS, PTPS, KPKD & CSTPS plants.
The tender was closed on 29 May 2010, and last Thursday MAHAGENCO has opened the price bids to finalize supplier. Total seven Indian coal trading companies have participated in this tender to see their chances to win and supply 3.35 million tons of coal in this fiscal year.
The total of 3.35 million tons of coal would be shared by NTPS, BTPS, PTPS, KPKD & CSTPS operates by Mahagenco. The company has increased coal imports this year compare to last fiscal year. Company’s last fiscal year imports were about 2.4 million tons.
According to our sources, MAHAGENCO used to buy coal basis on a fixed price for a whole year. However, there was rumors that, Mahagenco might change its sourcing mechanism from this tender onward.
Mahagenco may buy coal in the future at prices linked to global coal prices, instead of fixed price for a whole year. However, it was not clear this fiscal year supply would be fixed price basis or index link pricing. Some other Indian utilities are already sourcing coal, using an index link pricing mechanism.
Bhatia International, an Indian coal trading company, might grab the majority of coal supply order from MAHAGENCO this year, a source related to tender said. Adani global, another leading coal trader in India might also get a chance to supply coal to one of the MAHAGENCO’s power plants as Adani was the lowest bidder in Parli thermal power station.
The landed elevated price of coal offered by lowest bidders were ranging from US$ 101.62 - 110.75 per metric ton for GCV (adb) 6300 kcal/kg, Total Moisture (arb) 10%, Ash (adb) 14% and Sulphur ( adb) 0.7%.
As per MHAGENCO tender terms and conditions, MAHAGENCO can apply higher penalties for specific parameters of coal, if suppliers fail to supply coal as per guaranteed quality.
Any Calorific value of coal fell below 5800 kcal/kg (gad), then an addition to pro rata penalty, an additional penalty of INR 300 (US$ 6.38) per 100 kcal/kg will be penalized. Ash content of coal exceeds 14% , then penalty of INR 150 (US$ 3.20) per percentage per mt will be penalized.
Higher total moisture and total sulphur also subject to an additional penalties.
Steam coal prices at Newcastle, was at $ 100.77 a ton for GCV (gar) 6322 kcal/kg at the time of tender closing and at $ 95.05 a ton at the time of opening of the price bid, according to globalCOAL website, the world's leading online coal trading platform.
Indonesian coal price reference also dropped by about 0.58 percent in July 2010 compare to June reference price. Indonesian government has declared US$ 96.65 as coal price reference for July 2010 for GCV (gar) 6322 kcal/kg, total moisture 8%, sulphur (adb) 0.8% and ash content (adb) 15%.
State-owned Mahagenco operates plants with a total installed capacity of 9,996 megawatts of hydroelectric, thermal and hydro plants, according to the Web site.
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Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...
Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
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- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- The University of Queensland
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Australian Coal Association
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
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