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

Friday, 20 September 13
DRY BULK MARKET REACHES NEW HEIGHTS THIS WEEK STANDING AT THREE-YEAR HIGH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The biggest rally of the dry bulk market in more than three years have brought back joy among ship owners, especially those active in the Capesize m ...


Friday, 20 September 13
US COAL PRODUCTION SLIGHTLY UP WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer produced totalled approximately 20.30 million short tons (mmst) of ...


Friday, 20 September 13
COLOMBIA SHIPPED 31.14 MILLION TONS OF THERMAL COAL IN H1
COALspot.com : Colombia’s coal exports fell by 20.59 percent in June 2013 compared to Colombia’s May's export of 7,633,579 MT. Colom ...


Thursday, 19 September 13
CAPESIZE : AVERAGE DAILY EARNINGS HAVE GAINED ALMOST USD 6K WOW - FEARNLEYS
Handy The rates in Feast are still firm this week even the activity calmed down a bit as chrtrs are not in a rush to cover even their end Sept carg ...


Wednesday, 18 September 13
IRON ORE AND ZINC ARE BEST PERFORMING MINING SECTORS IN CURRENT LOW PRICE, HIGH COST ENVIRONMENT - WOOD MACKENZIE
With the fall in commodity prices, cash margins in the mining industry have come under pressure. Accordingly, producers and investors are placing in ...


   821 822 823 824 825   
Showing 4111 to 4115 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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