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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, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
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- Minerals Council of Australia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
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