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

Tuesday, 09 July 13
NEWCASTLE COAL EXPORTS JUMP 27.53% ON WEEK TO 2.97 MILLION MT
COALspot.com - Newcastle Coal exports up 27.53% to 2.97 million tons W-o-W. Newcastle port in Australia has loaded 2,974,715 tons of coal for the ...


Tuesday, 09 July 13
CAPESIZE: SHOT UP; PANAMAXES: NOT SO LUCK; SUPRAS: SLIGHTLY BETTER; HANDIES: SOFT - INTERMODAL
COALspot.com : June 2013 Recap A renewed  Capesize market this month (June 2013) was the cause for much of the overall noteworthy performanc ...


Tuesday, 09 July 13
THE 11TH DEEP COAL PROCESSING FORUM 2013
Press Release :  The 11th Deep Coal Processing Forum 2013 will be held in November Beijing China. CDMC Events is pleased to announce that 11 ...


Monday, 08 July 13
ECO-FRIENDLY COAL FOR CHINA - VALUE FOR THE ENVIRONMENT AND VALUE FOR THE POWER GENERATOR - BY: LINDSAY JUNIPER
COALspot.com : January 2013 saw an episode of extreme particulate pollution in Beijing 35 times worse than the safe level recommended by the World H ...


Sunday, 07 July 13
FREIGHT MARKET IS EXPECTED TO BE SOFT TO STABLE NEXT WEEK- VISTAAR
COALspot.com - The freight market softened for the week ended 5 July 2013, and experienced a decline in all sectors, including BDI. Bulk dry Index d ...


   842 843 844 845 846   
Showing 4216 to 4220 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 ...

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