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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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Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
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- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
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