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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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Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
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- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
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