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Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013


COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ 2012- 2013. Accordign to MMTC tender document, the coal that MMTC to buy 5800-6500 kcal/kg gad coal for its client’s power plants.

1.50 Mmt for Thermal powr sttion Koderma Thermal Power Station (KTPP), 1.5 Mmt for Durgapur Steel Thermal Power Station (DSTPS) and 730,000 Mt for Mejia Thermal Power Station (MTPS).

MMTC  is willing to accept any coal withthin the following range of quality.

TotalMoisture (ARB) 10-20% Max, Ash (ADB)   8-20%, FixedCarbon (ADB)  30-50% Typical, VolatileMatter (ADB)  25-45%, Sulphur (ADB)  0.70-0.90% Maximum, HGI    45-60 and IDT under reducing atom Deg.Centigrade 1100-1250.

However the price basis for paymnet settlement will be based on the following terms:

Total Moisture (ARB)  : 16%, Ash(ADB)   : 10%, Sulphur(ADB)  : 0.80% and Gross Calorific Value (ADB) : 6300 Kcal/Kg

Bids close on November 16.



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Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Monday, 31 October 11
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Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...


Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week. The biggest drop was in the Cape Index down by 8.19 pct&nbs ...


Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said. The ...


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