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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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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
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- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Planning Commission, India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
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