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Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal traders, Sources said
Adani, Agarwal and Bhatia, three of the four shortlisted bidders, have bagged the latest MMTC coal tender for purchase of 12.5 million tones imported coal.
While Adani has been allotted 6.25 million tones, Agarwal will supply 3.75 million and Bhatia 2.5 Million tons. Successful winners will ship the cargo within 12 months as per tender requirements.
The average price for the entire import on delivered basis, works out to INR 4,721 (US$ 100.127 ) per ton basis 6,300 K.cal/kg (GAD) Gross Calorific Value and 16% Total Moisture.
All arrivals will have to be completed by October 2010. It is believed that loading will commence soon (1 USD = 47.1500 INR) cs.
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Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
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