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.
|
|
Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.
The BDI was up down by 4 ...
Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
|
|
|
Showing 4961 to 4965 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
|
| |
| |
|
