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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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Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
Monday, 05 March 12
SOME RESOURCE TITANS NOT THRILLED WITH INDONESIAN EXPORT BAN - THE JAKARTA GLOBE
The Jakarta Globe reported that, local representatives of major business associations in East Kalimantan have protested a government regulation that ...
Monday, 05 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
An air of optimism poured in the market this week for dry bulk shippers with the Baltic Dry Index recording daily gains during the end of February b ...
Sunday, 04 March 12
SE ASIA WAS FIRM FOR TRIPS TO INDIA AND CHINA - VISTAAR
COALspot.com - This week saw another upward trend with all indices up and generally market was firm.
The BDI was up by 7.38 pct closing at 771 po ...
Friday, 02 March 12
DJMBP HAS ANNOUNCED SECOND BATCH OF CLEAR N CLEAN CERTIFIED MINERS
COALspot.com - The Directorate general of mineral & coal of Indonesia has announced second batch of companies who have passed IUP Clear and Clea ...
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Showing 4826 to 4830 news of total 6871 |
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- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
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