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, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended  0700 hours 3 June 2013, Newcastle Port Corp. said ...


Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...


Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained  0.18 percent  week on week and 0.03 percent ...


Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013. The Cape ...


Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...


   851 852 853 854 855   
Showing 4261 to 4265 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 ...

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