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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, 01 October 15
SOUTH KOREA'S KOMIPO SEEKS SPOT BITUMINOUS COAL SUPPLIES
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 265,000 Metric Tons (MT) of minimum 4,600 kcal ...
Wednesday, 30 September 15
Q1'16 FOB INDONESIA COAL SWAP FALLS $1.25 A TON AS SLIDE CONTINUES
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 0.72 (-1.78%) per t ...
Wednesday, 30 September 15
NEW BUILDING MARKET INSIGHT
COALspot.com: This year has been, beyond any doubt, a rather strenuous one for the newbuilding market. Ordering activity with regards to Dry Bulker ...
Tuesday, 29 September 15
FOB RICHARDS BAY COAL SWAPS ARE SLIDING
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
Monday, 28 September 15
API 5 FOB NEWCASTLE COAL SWAPS UP $2.15 IN ONE MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery increased $2.10 per ton (5.15%) month over month to US$ 42.93 per ton. The ...
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- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- PTC India Limited - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
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