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

Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...


Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points. The drop in BDI was mainly due to dr ...


Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...


Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...


Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...


   971 972 973 974 975   
Showing 4861 to 4865 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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