COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...


Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


   1117 1118 1119 1120 1121   
Showing 5591 to 5595 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bahari Cakrawala Sebuku - Indonesia
  • The University of Queensland
  • Billiton Holdings Pty Ltd - Australia
  • Surastha Cement
  • Infraline Energy - India
  • Japan Coal Energy Center
  • Posco Energy - South Korea
  • Global Green Power PLC Corporation, Philippines
  • London Commodity Brokers - England
  • GVK Power & Infra Limited - India
  • Core Mineral Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • White Energy Company Limited
  • Bukit Makmur.PT - Indonesia
  • Eastern Energy - Thailand
  • Petron Corporation, Philippines
  • Mitsui
  • Mercator Lines Limited - India
  • Goldman Sachs - Singapore
  • Australian Coal Association
  • Energy Development Corp, Philippines
  • Xindia Steels Limited - India
  • Sarangani Energy Corporation, Philippines
  • Trasteel International SA, Italy
  • bp singapore
  • Sinarmas Energy and Mining - Indonesia
  • globalCOAL - UK
  • Inspectorate - India
  • Bhoruka Overseas - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • U S Energy Resources
  • IEA Clean Coal Centre - UK
  • Savvy Resources Ltd - HongKong
  • Makarim & Taira - Indonesia
  • Parry Sugars Refinery, India
  • Directorate Of Revenue Intelligence - India
  • Aditya Birla Group - India
  • Noble Europe Ltd - UK
  • APGENCO India
  • IMC Shipping - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Riau Bara Harum - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • SASOL - South Africa
  • Grasim Industreis Ltd - India
  • CoalTek, United States
  • Maybank - Singapore
  • Indika Energy - Indonesia
  • Glencore India Pvt. Ltd
  • Sojitz Corporation - Japan
  • Orica Australia Pty. Ltd.
  • Power Finance Corporation Ltd., India
  • Platou - Singapore
  • Maersk Broker
  • PNOC Exploration Corporation - Philippines
  • Total Coal South Africa
  • KOWEPO - South Korea
  • Mitra SK Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Videocon Industries ltd - India
  • Berau Coal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Kideco Jaya Agung - Indonesia
  • Rudhra Energy - India
  • Global Business Power Corporation, Philippines
  • Africa Commodities Group - South Africa
  • Chettinad Cement Corporation Ltd - India
  • Independent Power Producers Association of India
  • IHS Mccloskey Coal Group - USA
  • Kapuas Tunggal Persada - Indonesia
  • PTC India Limited - India
  • Mercuria Energy - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Formosa Plastics Group - Taiwan
  • Indonesia Power. PT
  • Krishnapatnam Port Company Ltd. - India
  • CESC Limited - India
  • Bhushan Steel Limited - India
  • Pinang Coal Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • TGV SRAAC LIMITED, India
  • Mintek Dendrill Indonesia
  • ING Bank NV - Singapore
  • Ind-Barath Power Infra Limited - India
  • OCBC - Singapore
  • Idemitsu - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Coal Orbis AG
  • VISA Power Limited - India
  • Lafarge - France
  • Kobe Steel Ltd - Japan
  • SUEK AG - Indonesia
  • Asia Cement - Taiwan
  • Baramulti Group, Indonesia
  • Mechel - Russia
  • Maharashtra Electricity Regulatory Commission - India
  • Coal and Oil Company - UAE
  • Peabody Energy - USA
  • TANGEDCO India
  • Cigading International Bulk Terminal - Indonesia
  • San Jose City I Power Corp, Philippines
  • Tanito Harum - Indonesia
  • Credit Suisse - India
  • Banpu Public Company Limited - Thailand
  • Thriveni
  • Attock Cement Pakistan Limited
  • Intertek Mineral Services - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Indian School of Mines
  • Indian Energy Exchange, India
  • Central Java Power - Indonesia
  • Thiess Contractors Indonesia
  • GMR Energy Limited - India
  • Aboitiz Power Corporation - Philippines
  • Wilmar Investment Holdings
  • Planning Commission, India
  • Meralco Power Generation, Philippines
  • Sucofindo - Indonesia
  • Malabar Cements Ltd - India
  • McKinsey & Co - India
  • Interocean Group of Companies - India
  • Leighton Contractors Pty Ltd - Australia
  • GHCL Limited - India
  • ICICI Bank Limited - India
  • Larsen & Toubro Limited - India
  • Malco - India
  • Salva Resources Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • KEPCO - South Korea
  • Vale Mozambique
  • ANZ Bank - Australia
  • Thermax Limited - India
  • Medco Energi Mining Internasional
  • Runge Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Karaikal Port Pvt Ltd - India
  • JPMorgan - India
  • Jorong Barutama Greston.PT - Indonesia
  • GNFC Limited - India
  • Bhatia International Limited - India
  • Clarksons - UK
  • Dalmia Cement Bharat India
  • Sree Jayajothi Cements Limited - India
  • Bank of America
  • Pendopo Energi Batubara - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Antam Resourcindo - Indonesia
  • EMO - The Netherlands
  • McConnell Dowell - Australia
  • Ambuja Cements Ltd - India
  • Coalindo Energy - Indonesia
  • Barasentosa Lestari - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Oldendorff Carriers - Singapore
  • Borneo Indobara - Indonesia
  • Jatenergy - Australia
  • Marubeni Corporation - India
  • Gujarat Mineral Development Corp Ltd - India
  • Cardiff University - UK
  • Argus Media - Singapore
  • Electricity Generating Authority of Thailand
  • Shenhua Group - China
  • Reliance Power - India
  • Thailand Anthracite
  • Bangladesh Power Developement Board
  • Carbofer General Trading SA - India
  • RBS Sempra - UK
  • Platts
  • Ministry of Finance - Indonesia
  • IBC Asia (S) Pte Ltd
  • Bukit Asam (Persero) Tbk - Indonesia
  • Heidelberg Cement - Germany
  • KPCL - India
  • Xstrata Coal
  • Deloitte Consulting - India
  • AsiaOL BioFuels Corp., Philippines
  • Panama Canal Authority
  • OPG Power Generation Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Kumho Petrochemical, South Korea
  • CNBM International Corporation - China
  • Arutmin Indonesia
  • PetroVietnam
  • Gresik Semen - Indonesia
  • Rio Tinto Coal - Australia
  • Jaiprakash Power Ventures ltd
  • Directorate General of MIneral and Coal - Indonesia
  • ASAPP Information Group - India
  • The India Cements Ltd
  • TeaM Sual Corporation - Philippines
  • Indian Oil Corporation Limited
  • Indorama - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • New Zealand Coal & Carbon
  • Inco-Indonesia
  • Wood Mackenzie - Singapore
  • Jindal Steel & Power Ltd - India
  • Orica Mining Services - Indonesia
  • Edison Trading Spa - Italy
  • PLN Batubara - Indonesia
  • JPower - Japan
  • Qatrana Cement - Jordan
  • Gujarat Electricity Regulatory Commission - India
  • The State Trading Corporation of India Ltd
  • International Coal Ventures Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • European Bulk Services B.V. - Netherlands
  • Eastern Coal Council - USA
  • Minerals Council of Australia
  • South Luzon Thermal Energy Corporation
  • Central Electricity Authority - India
  • Kartika Selabumi Mining - Indonesia
  • Commonwealth Bank - Australia
  • TRAFIGURA, South Korea
  • Agrawal Coal Company - India
  • India Bulls Power Limited - India
  • Cebu Energy, Philippines
  • GB Group - China
  • Samsung - South Korea
  • Deutsche Bank - India
  • Adani Power Ltd - India
  • Anglo American - United Kingdom
  • Mjunction Services Limited - India
  • Russian Coal LLC
  • Lanco Infratech Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Singapore Mercantile Exchange
  • Ernst & Young Pvt. Ltd.
  • ETA - Dubai
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bank of China, Malaysia
  • Indogreen Group - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • SGS (Thailand) Limited
  • Port Waratah Coal Services - Australia
  • Binh Thuan Hamico - Vietnam
  • World Bank
  • Tata Power - India
  • Indo Tambangraya Megah - Indonesia
  • Humpuss - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Renaissance Capital - South Africa
  • Bangkok Bank PCL
  • Romanian Commodities Exchange
  • Merrill Lynch Bank
  • Georgia Ports Authority, United States
  • Kalimantan Lumbung Energi - Indonesia
  • SMC Global Power, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Parliament of New Zealand
  • Moodys - Singapore
  • Metalloyd Limited - United Kingdom
  • Maheswari Brothers Coal Limited - India
  • Enel Italy
  • PLN - Indonesia
  • Uttam Galva Steels Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Fearnleys - India
  • Semirara Mining and Power Corporation, Philippines
  • SRK Consulting
  • Indonesian Coal Mining Association
  • ACC Limited - India
  • Siam City Cement - Thailand
  • Ministry of Transport, Egypt
  • Madhucon Powers Ltd - India
  • Maruti Cements - India
  • Vizag Seaport Private Limited - India
  • Coaltrans Conferences
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • IOL Indonesia
  • Latin American Coal - Colombia
  • Sindya Power Generating Company Private Ltd
  • Manunggal Multi Energi - Indonesia
  • Siam City Cement PLC, Thailand
  • Cemex - Philippines
  • Coastal Gujarat Power Limited - India
  • BRS Brokers - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • GN Power Mariveles Coal Plant, Philippines
  • Adaro Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Straits Asia Resources Limited - Singapore
  • Britmindo - Indonesia
  • Merrill Lynch Commodities Europe
  • CCIC - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Sical Logistics Limited - India
  • The Treasury - Australian Government
  • BNP Paribas - Singapore
  • Energy Link Ltd, New Zealand
  • Cargill India Pvt Ltd
  • UBS Singapore
  • Sakthi Sugars Limited - India
  • Price Waterhouse Coopers - Russia
  • Thai Mozambique Logistica
  • Freeport Indonesia
  • Coal India Limited
  • Thomson Reuters GRC
  • PowerSource Philippines DevCo
  • CIMB Investment Bank - Malaysia
  • Gujarat Sidhee Cement - India
  • J M Baxi & Co - India
  • TNPL - India
  • Kaltim Prima Coal - Indonesia
  • Standard Chartered Bank - UAE
  • Vedanta Resources Plc - India
  • Ince & co LLP
  • Cosco
  • LBH Netherlands Bv - Netherlands
  • Petrosea - Indonesia
  • Star Paper Mills Limited - India
  • MS Steel International - UAE
  • Ministry of Mines - Canada
  • Simpson Spence & Young - Indonesia
  • Vitol - Bahrain
  • Toyota Tsusho Corporation, Japan
  • Global Coal Blending Company Limited - Australia
  • Barclays Capital - USA
  • Electricity Authority, New Zealand
  • Permata Bank - Indonesia
  • Kobexindo Tractors - Indoneisa
  • NTPC Limited - India
  • WorleyParsons
  • Therma Luzon, Inc, Philippines
  • Gupta Coal India Ltd
  • Arch Coal - USA
  • Mitsubishi Corporation
  • EIA - United States
  • Geoservices-GeoAssay Lab
  • Ceylon Electricity Board - Sri Lanka
  • MEC Coal - Indonesia
  • KPMG - USA
  • Tata Chemicals Ltd - India
  • DBS Bank - Singapore
  • Shree Cement - India
  • Cement Manufacturers Association - India
  • Semirara Mining Corp, Philippines
  • Tamil Nadu electricity Board
  • SMG Consultants - Indonesia
  • World Coal - UK
  • Asmin Koalindo Tuhup - Indonesia
  • Asian Development Bank
  • UOB Asia (HK) Ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Coeclerici Indonesia
  • NALCO India
  • Chamber of Mines of South Africa
  • Bharathi Cement Corporation - India
  • HSBC - Hong Kong
  • Altura Mining Limited, Indonesia
  • Samtan Co., Ltd - South Korea
  • Economic Council, Georgia