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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this week to buy 100,000 MT of Sub bituminous Coal .
The requirement of 100,000 MT of Sub bituminous coal to be supplied 2nd quarter 2010 on delivered basis.
Paradep or Haldia port would be the discharge port as CESC power plant is located closer to Haldia port, traders who are familiar with Indian coal tenders said to COALspot.com today.
CESC consumes Indoensian coal as Indonesian coal’s Sulphur and Ash content are very low. CESC started import coal since 2002.
The quality of coal inquiry would be Total Moisture (arb) Max 29%, Ash (adb) Max 8%, Sulphur (adb) Max 0.8% and GCV (adb) About 5700
CESC only accepts coal offers from pre-qualified and pre-approved coal suppliers.
CESC belongs to RPG Group of India which also has a coal mine in India for captive use and is believed to be looking for coal concession in Indonesia to invest to secure long term supply guarantee for their existing and upcoming coal based power plants.(cs)
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Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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