We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Friday, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
|
|
|
Showing 4636 to 4640 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Planning Commission, India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Indika Energy - Indonesia
|
| |
| |
|
