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Saturday, 08 May 10
MAHAGENCO TO IMPORT 3.35 MILLION TON OF COAL


COALspot.com: Indian utility Maharashtra State Power Generation Co. Ltd. is in market for 3.35 million tones of imported coal. The purchase of coal to be through international tender. The last date of tender submission is on 14 May 2010 and awards are expected within 30days from last date of tender submission.

Karnataka Power Company Limited is also planning to import 900,000 MT of Indonesian coal for this financial year. KPCL's requirment of coal was Gross Calorific value (adb) 5600 - 6300 kcal/kg, Total Moisture (arb) 15 - 23%, Ash (adb) 10 - 14% and Sulphur ( adb) 0.8% max.

According to our sources, 7 Indian coal traders were participated the tender and Gupta Coal was offered lowest delivered price of Indian Rupees (INR) 4,248 / MT (US$ 94.64)  for Indoensian coal and second lowest offered by Adani INR 4,484.50 / MT (US$ 99.90)

Bhatia Coal offered INR 4,694 / MT (US$ 104.57), KISPL  INR 4,850 / MT (US$ 108.05), MSTC INR 5,493 / MT (US$ 122.37), CEPL INR 5,520/ MT (US$123.09) and Visa INR 5,616 / MT (US$ 125.12). The quoted price was including, FOB coal price, Sea Freight, import duty, and local transportation cost until power plant.

The participants of KPCL tender have offered Indonesian coal and coal to be delivered within 12 months from date of award of contract.(cs)



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Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...


Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...


Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...


Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd,  a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...


Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...


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