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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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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Australian Commodity Traders Exchange
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- Bhatia International Limited - India
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- Indian Oil Corporation Limited
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- India Bulls Power Limited - India
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- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
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- Global Green Power PLC Corporation, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
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