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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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Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
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- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- The University of Queensland
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
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