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

Wednesday, 12 June 13
INDONESIAN COAL PRICE REFERENCE SLIDES TO 2013 LOW
COALspot.com - Indonesian Coal Price Reference continues to take its lumps this month, dropping about 0.54 % and hitting a 2013 low. The Indonesian ...


Tuesday, 11 June 13
COAL: NO SIGN OF RECOVERY - GABRIELLA
COALspot.com: We attended the 19th Annual Coaltrans Asia Conference, where we found most of the speakers were not very optimistic on the outlook for ...


Tuesday, 11 June 13
NEWCASTLE PORT SHIPPED MORE COAL WEEK ENDED 11 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 3,104,509 tons of coal for the week ended  0700 hours 11 June 2013, Newcastle Port Corp. ...


Tuesday, 11 June 13
OUTLOOK FOR CAPESIZES LOOKS GRIM, DESPITE FALLING IRON ORE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Things aren't looking all that rosy for the dry bulk market, despite a stronger volume of iron ore imports during the months of March and April, as ...


Sunday, 09 June 13
CFR SOUTH CHINA COAL SWAP IS UNDER PRESSURE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost  0.03 percent  week on week but gained 0.07 pe ...


   849 850 851 852 853   
Showing 4251 to 4255 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 ...

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