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Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
 COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with calorific value 6300 Kcal/kg and Total Moisture of 16 percent coal on air dried basis at INR 5,688 (equivalent US$ 127.53 - exchange rate approximately INR 44.60 per USD) on delivered basis, which includes import duty, stevedoring, taxes, railway freight etc. This delivered price is works out to around 94 – 95 per MT on CIF , Chennai basis.
The delivery of first cargo should starts from June this year. The supplier must supply at least 100,000 MT of every month starting from June 2011.
Six Indian based coal trading companies have participated this bidding to supply one million tons 6300 GAD coal. The price bids has opened today 23 April 2011, at around 11:00 Indian standard time.
Gupta coal has offered lowest price of INR 5,688 on delivered basis to bag this order from KPCL. INR 5688 is approximately US$ 127.53 per MT on delivered basis, said our source. Coal prices at the globalCOAL Newcastle weekly index, a benchmark for Asia, were down 1.33 percent at $121.48 a ton, week ended 22 April 2011, according to GlobalCOAL website.
We are looking for US$ 123-124 per mt for 6000 gar calorific value coal for second half of this year, an Indonesian premium coal producer said. Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price (HBA) for thermal coal at US$ 122.02 per ton.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8 percent, Total Sulphur 0.8 percent, Ash Content 15 percent, delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery within 1 - 30 April 2011.
Coastal Energy Private Limited, an Indian arm of international coal trader Coal & Oil Company Dubai, has offered second lowest price of INR 6,426 per mt on delivered basis or approximately US$ 111 on CIF, Chennai basis.
The highest price that KPCL has received was around US$ 161.50 on delivered basis, according to our sources familiar to the tender.
This coal supply is destined for its 1,720 MW Raichur thermal power station (RTPS) in Raichur Karnataka. Due to short of domestic coal linkage to RTPS, the KPCL has to resort to higher usage of imported coal.
Earlier in 2010 due to acute shortage of domestic coal RTPS has concluded two imported coal tenders of 900K MTs and 500K mts respectively.
Both the tenders have been bagged by Nagpur based Gupta Coal Corporation, who were also become lowest bidder of this tender.
Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific value of 6000 GAD and 15 percent total moisture coal for TNPL, a state utility of Tamil Nadu, against its recent tender to supply 160K of thermal coal.
As per tender terms, a pro-rata penalties are applicable for Gross calorific value and total sulphur and weight basis penalties are applicable for Ash content, Total Moisture and size.
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Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
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- Kapuas Tunggal Persada - Indonesia
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- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
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- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Parliament of New Zealand
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
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