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, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China. It will make you understand regulatory asp ...


Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained  0.17 percent and CFR South China coal shipme ...


Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points. The cape index also joins BDI ...


Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia IHS is pleased to invite you to t ...


Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...


   873 874 875 876 877   
Showing 4371 to 4375 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 ...

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