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

Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size. The BDI was marg ...


Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...


Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy The market continued the same trend as last week, low activity and holidays in some countries. Rate wise unchanged, with US Gulf/Continent ...


Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...


Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
  Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN  Mr. Sahust Pratuknukul, President of Electri ...


   920 921 922 923 924   
Showing 4606 to 4610 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 ...

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