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

Friday, 26 October 12
DRY BULK MARKET FALLS ON WORRIES THAT RECENT RALLY WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market retreated yesterday as a result of a plunge of the Capesize dry bulk carriers' segment, after their latest rally. As a result, ...


Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. ...


Sunday, 21 October 12
BUMA HAS PRODUCED 25.0 MILLION TONS OF COAL YEAR TO DATE
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 33.2 million bcm*  (+5.5% YoY) of Overburden in September 2012 totaled while coal produc ...


Saturday, 20 October 12
SUPRAMAX FREIGHT EXPECTED TO BE FLAT - VISTAAR
COALspot.com - The shipping market continued to be quite active with quite lot of cargoes fixed for in the cape and panamax sector. The BDI was ...


Thursday, 18 October 12
INDO-INDIA, LARGE ECO SUPRA FIXED AT USD 11000 - FEARNLEYS AS
Handy Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Cont to East Med were around USD 14k and Black Sea ...


   905 906 907 908 909   
Showing 4531 to 4535 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 ...

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