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, 13 September 13
DIRECTOR GENERAL OF MINERAL AND COAL OF INDONESIA REVISED UP COAL PRICE REFERENCE TO US$ 76.89
COALspot. com - The Indonesian government has revised up its owned coal bench mark price by US$ 0.19/ MT to US$ 76.89 for September 2013 deliveries ...


Thursday, 12 September 13
PANAMAX : PACIFIC ROUNDS ARE NOW REPORTED BETWEEN USD 13K AND 15K PER DAY - FEARNRESEARCH
Handy Nickel ore is a key support SE Asia/Feast rate at the moment; vessel in N.China were fixed around USD 11-12k, ships in mid China can expect a ...


Thursday, 12 September 13
CAPESIZE MARKET WILL BECOME EVEN TIGHTER - JEFFREY LANDSBERG
COALspot.com : While it is no secret that current capesize availability has become tight and has caused capesize rates to surge, availability is set ...


Thursday, 12 September 13
OVER THE WORST? WE MIGHT FIND OUT THIS WEEK - BIMCO
The shipping market has a spring in its step, even as summer draws to a close. There is it seems, confidence that finally, we are emerging into the ...


Thursday, 12 September 13
DRY BULK MARKET RALLY COMES AT A GOOD TIME FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of the dry bulk market has helped offset other lingering factors, which otherwise, could have plunged freight rates to new lows. Fo ...


   824 825 826 827 828   
Showing 4126 to 4130 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 ...

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