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, 23 April 13
INDONESIAN STATE OWNED COAL MINER SHIPPED 4 PERCENT MORE COAL IN 1Q
COALspot.com - PT. Bukit Asam, the Indonesian state owned coal miner shipped more coal in first quarter of this year compared to the same period in ...


Tuesday, 23 April 13
REALM CONTINUES AS 51% OWNER AND MANAGER OF THE KATINGAN RIA THERMAL COAL PROJECT
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced today that, the commercial way forward for the development of its 51% held Indonesian t ...


Tuesday, 23 April 13
TIGERS REALM COAL HAS SOME OF THE WORLD'S BEST UNDEVELOPED COKING COAL ASSETS - EXECUTIVE CHAIRMAN
COALspot.com - “ During 2012, your Company has made very significant progress towards meeting its stated objective of becoming a global player ...


Tuesday, 23 April 13
AUSTRALIA'S NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 4.38 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,434,336 tons of thermal and coking coal for week ended  0700 hours 22 April 2013, Newca ...


Sunday, 21 April 13
INDONESIA - INDIA COAL FREIGHT RATES ARE FIRMING UP - CAPT. REDDY
COALspot.com – The BDI was up by 1.40 pct closed at 888 points week ended 19 April 2013. The Cape index was down by 2.45 pct closing at 1234 p ...


   860 861 862 863 864   
Showing 4306 to 4310 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 ...

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