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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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Wednesday, 27 June 12
DIRECTORATE GENERAL OF MINERAL AND COAL OF INDONESIA INTRODUCES ON-LINE SYSTEM FOR MINING PRODUCTS EXPORT APPROVAL
COALspot.com - Directorate General of Mineral and Coal of Indonesia has released "Clear and Clean" certificate for another 33 coal miners ...
Monday, 25 June 12
RIO TINTO MAKES FIRST COAL SHIPMENT FROM MOZAMBIQUE
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes ...
Sunday, 24 June 12
SUPRAMAX FREIGHT MARKET FIRMED UP FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - This week all the segments gained and marked was firm in the Supramax and Handy size sector, where as the Cape and Panamax inde ...
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES
COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indone ...
Friday, 22 June 12
PRESENT SPOT WEAKNESS IS TEMPORARY, SEASONAL AND RISE AS WINTER APPROACHES - BUMI
COALspot.com - PT Bumi Resources Tbk, the world’s one of the largest coal producer and Indonesia’s largest multi grade coal miner has no ...
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- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
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