We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
|
|
|
Showing 5116 to 5120 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Australian Coal Association
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- White Energy Company Limited
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
|
| |
| |
|
