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Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
 COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil Nadu News Print Limited a seasoned and professionally run company to award a spot contract for six Supramax shipments to Nehel General Trading of India. Nehel Trading was quoted lowest price of US$ 79.53 per ton CIF Tuticorin / Ennore for Calorific value of 6000 kcal/kg GAD and Total Moisture 15% (arb), against TNPL’s recent coal tender, industry sources said.
Indonesian coal likely to be supplied to TNPL against the recent tender. There were Ten Indian coal trading companies were qualified to participate in the recent tender calling for 300,000 mt of imported coal. TNPL used to source coal from a combination of E- Tender and closed tender which they have been successfully doing for the past several years. Bidders in the recent tender were MSTC, Star Coal, Phoenix, Coastal Energy, Nehel General trading, Adani, Rudhra Energy, Knowledge Infrastructure, Gupta coal and Bhatia International. Nehel was quoted at US$ 79.53 per ton CIF Tuticorin / Ennore and followed by Adani at US$ 79.62 per ton just 9 US cents higher than Nehel's price. However, the 3rd lowest price was around US$ 10 higher than the first two lowest bidders, industry players further said.
Indonesian coal prices are expected to Increase in next month due to tight availability because of unseasonal rains affected coal producing areas in Indonesia, according to Indonesia coal Mining Association. “The freight market is expected to remain firm for next couple of weeks, as the iron ore movement is likely to increase”, said Capt. Reddy, Director of Vistaar Shipping, a ship operator in Singapore and India. Hence coal prices on FOB as well as CNF are seem to be increased coming weeks.
There was a rumors in the market that, TNPL was buying coal through the reccent tender on behalf of Tamil Nadu Electricity Board, the Tamil Nadu state owned electricity generator. This is further evidenced by TNPL’s tender documents mentions that disport may be Ennore or Tuticorin. TNEB used to unload the cargo through Ennore port and TNPL used to be receiving cargo either Tuticorin or Karaikkal port. Also market sources point out that MMTC, Indian government owned trading house, was a long-term sole supplier of TNEB, couldn’t provide supplies due to delay in MMTC’s EoI finalization formalities.
However, the recent calling of 300,000 ton of coal supply tender by TNPL is for TNEB or not is unknown.
Also the Indian trade sources says that if TNPL supplies coal to TNEB then EB would get fair prices and coal bill of EB may give relief to EB which overburdened with losses. MMTC used to supply coal to EB on index plus basis which resulted recent shipments at $100 plus whereas TNPL was successfully purchased millions of tones on firm price basis and always got lowest prices compared to other power utilities in India.
We further understand from trade circles that, TNEB’s PSU enquiry ( MMTC, STC, MSTC and PEC ) was floated few days back and be closes by 16th August 2010. Trade circles are eagerly watching for the results. In addition, they said whether the latest TNPL tender price of US$ 79.53 has any impact or reflection to TNEB’s new inquiry which TNEB was calling for 500 k MT coal supplies through PSUs.
It looks that consumers in india are getting wiser and consolidating their requirements and enhancing their capabilities of bargaining.
About TNPL
Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tami Nadu during early eighties to produce Newsprint and Printing & Writing Paper using bagasse, a sugarcane residue, as primary raw material. The Company commenced production in the year 1984 with an initial capacity of 90,000 tonnes per annum. Over the years, the production capacity has been increased to 245,000 tonnes per annum and the Company has emerged as the largest bagasse based Paper Mill in the world consuming about one million tones of bagasse every year. The co is swapping other private units bagasse with supply of equivalent coal. There by tthe additional supplies of bagasse being put to use for high value bagasse pulp used for paper. By this process tnpl is saving huge forex and developing by leaps and bounds.this model of tnpl has been well appreciated by intll industrial circles. The Company is in the process of implementing the Mill Expansion Plan for increasing the capacity to 400,000 tonnes per annum from July
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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
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- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
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