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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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Tuesday, 13 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS JUMP 30.61 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 30.61 per cent week on week to 2.95 million mt for ...
Monday, 12 August 13
GBCE SUCCESSFUL IN UPGRADING LOW RANK INDONESIAN COAL ON INDUSTRIAL SCALE
COALspot.com : GB Clean Energy Ltd. (GBCE) has annoused that, the company has successfully upgraded 2,426 tonnes of low rank 4,018 kcal NAR Ind ...
Monday, 12 August 13
INDIA - SAFE SHIPMENT OF IRON ORE FINES FROM INDIAN PORTS - WEST OF ENGLAND P&I CLUB
As Members may be aware, in 2009 two ships, the ‘Asian Forest’ and the ‘Black Rose’, capsized and sank following the liquefa ...
Sunday, 11 August 13
INDONESIAN COAL SWAPS : FLAT ON DAY
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery flat on day due to holidays in Indonesia, Malaysia & ...
Sunday, 11 August 13
SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA CONTINUED TO BE SOFT - VISTAAR
COALspot.com : The freight market was soft this week with all indices down , the reason could be long weekend holidays in Indonesia, Singapore and M ...
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- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
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