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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 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct.
The BDI and Cape Size index was down ...
Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...
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- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- The University of Queensland
- Sojitz Corporation - Japan
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Australian Coal Association
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
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