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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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Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE
COALspot.com - The Exchange has announced that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 Ap ...
Thursday, 04 April 13
HANDY:QUIET ; PANAMAX: SLOW START; CAPESIZE: LOW ACTIVITIES - FEARNRESEARCH
Handy
The Atlantic markets remain quiet as charterers and owners waiting to see how it moves. The USG-Feast was at USD 20k and Black Sea-Feast was ...
Wednesday, 03 April 13
HBA HAS LOST US$ 1.53 PER MT IN APRIL 2013
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $1.53 / MT in April 2013.
The monthly coal referen ...
Tuesday, 02 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 633K MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,029,482 tons of thermal and coking coal for week ended 0700 hours 1 April 2013, Newcas ...
Tuesday, 02 April 13
THE GOVERNORS TO TAKE OVER AUTHORITY OF MINING, FORESTRY AND PLANTATION CONCESSIONS
The Indonesian government is planning to transfer the authority of issuing mining, forestry and plantation concessions from municipalities and distr ...
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Showing 4326 to 4330 news of total 6871 |
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- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- PTC India Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
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