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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.
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Saturday, 11 August 12
INDONESIAN COAL REFERENCE PRICE HAS LOST 27.78 PERCENT YOY
COALspot.com - Indonesian HBA fell again in August.
The monthly coal reference price for coal sales this month fell 3.32 percent. HBA fell ...
Saturday, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1 ...
Friday, 10 August 12
DRY BULK MARKET DROWNING FROM TONNAGE OVERSUPPLY - HELLENIC SHIPPING
The dry bulk market has been overflowing with new building vessels, despite the fact that demand is more or less (and minus the seasonal factors) ri ...
Thursday, 09 August 12
3RD ANNUAL SHALE GAS
Press Release - With the North American shale gas boom, IBC’s 3rd Annual Shale Gas explores optimal strategies to monetize Asia’s domest ...
Wednesday, 08 August 12
EXPLOITASI AIMS TO RAISE RP 2.7T FOR ACQUISITION - THE JAKARTA POST
The Jakarta Post reported that, publicly listed coal miner PT Exploitasi Energi Indonesia (CNKO) is seeking to raise Rp 2.7 trillion (US$286.2 milli ...
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- Baramulti Group, Indonesia
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- The University of Queensland
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
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- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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