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Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
 COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GAD and 15 percent total moisture coal for TNPL against its latest tender. According to E-Tender conducted by TNPL at 12 noon IST today, the lowest price was at US$ 100.40 per metric ton, our sources said.
However, the Manual bid's lowest price of US$ 97.10 of knowledge would emerge as lowest and emerged as the contract winner. This price includes US$ 3.5 - 4 logistics cost making the net CIF price around US$ 93.5 – 94 per MT. The freight rate from Indonesian to Tuticorin may work out at US$ 15.00 – 16.00 per Mt, said a ship operator from Singapore.
According to the tender issued on 1st March 2011, the quality of coal should be Gross Calorific Value (adb) 6000 Kcal/Kg basis and will be rejected if GCV is below 5600 kcal/kg. The Inherent Moisture (adb) of around 10 pct, Total Moisture (arb) 15 pct basis and above 23 pct will be rejected. The Ash content (adb) 8 pct max , Sulphur (ADB) 0.8 pct max and Volatile Matter (adb) 25 to 45 pct and above 45 pct will be rejected.
TNPL tender terms say, the winner will be selected based on the lowest bid either from E-tender or sealed manual tender price. The manual bids were opened around 3 pm IST today, and Knowledge infrastructure’s price was the lowest among the seven participants.
Most probably, TNPL, will award the 160,000 MT of coal supply order to Knowledge infrastructure.
TNPL's latest tender price is 19.58 percent or US$ 15.90 higher than its last purchased price of US$ 81.20 per MT. TNPL brought 240,000 tons of the fuel from Indonesia last November 2010 at US$ 81.20 PMT an Indian trader said.
The reference price (HPB) set by Indonesia for coal grade of 5,667 GAR kcal/kg heating value was at US$ 103.50 per a ton FOB based on March 2011 HBA. HBA index of March 2011 is US$ 26.92 or 28.18 percent higher than November 2010 HBA.
TNPL is a regular importer of Indonesian coal, for its paper factory in Karur district, India.
Adani Enterprise, Gupta coal, MSTC, Rudhra Energy, Star Coal, Knowledge Infrastructure and Coastal Energy have submitted bids to supply 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calorific Value (ADB) 6000 Kcal/Kg.
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Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...
Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...
Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world.
Press Release - Total Sinergy ...
Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...
Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com - Indonesian coal exports jumped 23.31 percent during March 2011. The world’s largest coal exporter shipped 27, ...
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- San Jose City I Power Corp, Philippines
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- Economic Council, Georgia
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- London Commodity Brokers - England
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- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
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- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
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- Bangladesh Power Developement Board
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- Singapore Mercantile Exchange
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- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
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- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Chamber of Mines of South Africa
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- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
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