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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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Sunday, 08 September 13
BALTIC INDEX UP ON HIGHER CAPESIZE, PANAMAX RATES
COALspot.com : The freight market continued saw one of the biggest rally last week with Cape Size taking the lead followed by Panamax.
The BDI wa ...
Friday, 06 September 13
DRY BULK MARKET REACHES NEW YEAR-HIGHS ON THE BACK OF INCREASED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been on the rise once again, but this time around any new increase of freight rates translates into new year-highs, thus bri ...
Friday, 06 September 13
US PRODUCED APPROXIMATELY 90.80 MMST OF COAL IN AUGUST
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.90 million short tons (mmst) of ...
Thursday, 05 September 13
INDONESIAN COAL EXPORTS UP BY 6.72 PERCENT IN JULY
COALspot.com: Indonesia, the world's largest multi grade coal exporter shipped 35.268* million tons of coal in July 2013. Indonesian coal exp ...
Thursday, 05 September 13
HANDY: NICKEL ORE WAS PUSHING THE FAR EAST MARKET - FEARNLEYS
Handy
Nickel Ore was pushing the Feast market, several ships were fixed from low teens to $14k. Indo/India was still supported by bauxite, while th ...
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- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
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