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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- PTC India Limited - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
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