Tuesday, 13 December 2011
Moroccan generator Jorf Lasfar Energy has issued a tender for three 60,000 mt Panamax cargoes of thermal coal for March, April and May delivery, according to market sources.
The tender called for thermal coal with a minimum calorific value of 5,800 kcal/kg NAR, minimum 9% ash and maximum 1% sulfur.
One trader said it was "strange" that JLEC had lowered its typical sulfur content requirement from 1.5% to 1%, saying that he assumed it was because the generator had concluded a recent supply contract with a Russian producer and needed more lower-sulfur material.
Bids are due by December 20 and valid until December 22.
JLEC last month awarded a tender for four Panamaxes for delivery in January-April to a Switzerland-based trader-producer at a price in the region of $115.50-115.90/mt CIF Jorf Lasfar, according to traders.
JLEC regularly tenders for spot shipments for its coal-fired plant, which has an installed capacity of 1,372 MW, providing around one third of Morocco's electricity supply.
Source: Platts
Showing posts with label coal suppliers. Show all posts
Showing posts with label coal suppliers. Show all posts
Tuesday, December 13, 2011
Friday, October 14, 2011
Power situation grim as more states face crunch
New Delhi, October 14, 2011
Shortage of power in states such as Delhi, Andhra Pradesh, Maharashtra and Karnataka Friday threatened to cascade into a pan-India crisis with coal supplies hit due to varied reasons, including rains and civil strife. Several states have been facing three-four hours of power cuts a day and the situation appeared to be worsening despite some steps to spruce up feedstock supplies announced by Coal Minister Sriprakash Jaiswal Thursday.
"In order to ensure greater availability of coal for the power sector, the ministry of coal has decided to offer some of the e-auction coal to the sector during the current month," said a statement issued Wednesday evening.
As per the existing policy on supply of coal, 10 percent of the total available quantity of this feedstock is kept for e-auction. Jaiswal also directed officials to increase immediately loading of coal to 180 rakes per day from the present 153 rakes.
Out of these 145 rakes were earmarked for the power sector.
"We welcome this first step from the government. This will definitely help mitigate the immediate coal crisis,” said Ashok Khurana, director general of the Association of Power Producers, an lobby mainly for private players.
The main reasons behind the shortage of feedstock are heavy rains in some coal producing areas, a two-day strike by workers of state-run Coal India last week and the disruption of mining in Andhra Pradesh due to a strike to press for a separate state of Telengana.
As a result, many of the units of the country's largest power producing utility, the state-run NTPC, have been left with coal supplies for no more than two days. Some units were also operating at sub-optimal levels, power ministry officials said.
In the national capital, one of the two distribution companies said the situation was set to improve by weekend. "But during the interim, to the extent of the shortfall, the Delhi discoms will be constrained to undertake load shedding on a rotational basis."
In West Bengal, though, the situation was caused by Coal India's subsidiaries halting supplies to state-run utilities due to default in payment, prompting the state's power minister to assure people that the situation will improve in three days.
Gujarat, on the other hand, while not facing a power crisis decided to stop distribution to other states as a precautionary measure, claiming a 30 percent drop in coal supplies to the state from central government-run coal mining entities.
(sourced HT)
Shortage of power in states such as Delhi, Andhra Pradesh, Maharashtra and Karnataka Friday threatened to cascade into a pan-India crisis with coal supplies hit due to varied reasons, including rains and civil strife. Several states have been facing three-four hours of power cuts a day and the situation appeared to be worsening despite some steps to spruce up feedstock supplies announced by Coal Minister Sriprakash Jaiswal Thursday.
"In order to ensure greater availability of coal for the power sector, the ministry of coal has decided to offer some of the e-auction coal to the sector during the current month," said a statement issued Wednesday evening.
As per the existing policy on supply of coal, 10 percent of the total available quantity of this feedstock is kept for e-auction. Jaiswal also directed officials to increase immediately loading of coal to 180 rakes per day from the present 153 rakes.
Out of these 145 rakes were earmarked for the power sector.
"We welcome this first step from the government. This will definitely help mitigate the immediate coal crisis,” said Ashok Khurana, director general of the Association of Power Producers, an lobby mainly for private players.
The main reasons behind the shortage of feedstock are heavy rains in some coal producing areas, a two-day strike by workers of state-run Coal India last week and the disruption of mining in Andhra Pradesh due to a strike to press for a separate state of Telengana.
As a result, many of the units of the country's largest power producing utility, the state-run NTPC, have been left with coal supplies for no more than two days. Some units were also operating at sub-optimal levels, power ministry officials said.
In the national capital, one of the two distribution companies said the situation was set to improve by weekend. "But during the interim, to the extent of the shortfall, the Delhi discoms will be constrained to undertake load shedding on a rotational basis."
In West Bengal, though, the situation was caused by Coal India's subsidiaries halting supplies to state-run utilities due to default in payment, prompting the state's power minister to assure people that the situation will improve in three days.
Gujarat, on the other hand, while not facing a power crisis decided to stop distribution to other states as a precautionary measure, claiming a 30 percent drop in coal supplies to the state from central government-run coal mining entities.
(sourced HT)
Tuesday, September 6, 2011
TNPL postpones bid opening until 12 Sept'2011
Tue,Sept06, 2011
TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ramadan holidays in Indonesia, Indonesia has closed for business almost one week since 26 August 2011 and re-opened today for business activities. Coal suppliers were faced difficulties to obtain the necessary supporting documents from their respective suppliers to fulfill TNPL's tender requirements.
Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with gross calorific value (ADB) 6000 Kcal/Kg, on delivered at TNPL factory siding at Pugalur basis.
Total tendered quantity to be delivered in four shipments starting from October 2011 - February 2012. The price should be quoted on C&F Tuticorin basis inclusive of all port charges.
According to the tender terms, 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) 0.8pct max and Volatile Matter (adb) 25 to 45 pct and above 45 pct will be rejected.
Suppliers are requested to submit offers by September 12, 2011 instead of 5th September 2011.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
sourced coalspot
TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ramadan holidays in Indonesia, Indonesia has closed for business almost one week since 26 August 2011 and re-opened today for business activities. Coal suppliers were faced difficulties to obtain the necessary supporting documents from their respective suppliers to fulfill TNPL's tender requirements.
Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with gross calorific value (ADB) 6000 Kcal/Kg, on delivered at TNPL factory siding at Pugalur basis.
Total tendered quantity to be delivered in four shipments starting from October 2011 - February 2012. The price should be quoted on C&F Tuticorin basis inclusive of all port charges.
According to the tender terms, 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) 0.8pct max and Volatile Matter (adb) 25 to 45 pct and above 45 pct will be rejected.
Suppliers are requested to submit offers by September 12, 2011 instead of 5th September 2011.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
sourced coalspot
974 power firms line up for coal supply in India
Sep06,2011
The coal ministry has received applications for long term coal linkage from central and state utilities, independent power producers and captive power producers for 974 power projects with a generation capacity of over 596,000 MW as on July 31.
Of the 974 applications, 107 are from central and state utilities for capacity addition of 122,405 MW, 434 applications from CPPs for 37,345.79 MW and 433 from IPPs for a record 425,836.5 MW capacity addition. The installed capacity of these power projects vary from 10 MW to 5,280 MW.
A coal ministry official said that "Some of the applications had already been considered in the past by the standing linkage committee (long term) but deferred the decision due to various reasons. These applications will be taken up in due course to provide long-term coal linkage for the upcoming power projects."
The official said the standing linkage committee (long term) would take up the proposals wherein the applicant had changed the category from CPP to IPP or enhanced or reduced the generation capacity or modified configuration.
According to the official, adequate reserves coal reserves upto 1,200 metres deep have been estimated at 277 billion tonnes as on April 1st 2010 and lignite reserves have been estimated at 39.07 billion tonnes as on March 31st 2009. Of the 277 billion tonne, 110 billion tonnes of coal reserves have already been identified, 130.65 billion tonnes are indicated and 35.6 billion tonnes inferred.
The power ministry official said it had been pursuing with the coal ministry for an early clearances for both short and long term coal linkages.
(sourced BS)
The coal ministry has received applications for long term coal linkage from central and state utilities, independent power producers and captive power producers for 974 power projects with a generation capacity of over 596,000 MW as on July 31.
Of the 974 applications, 107 are from central and state utilities for capacity addition of 122,405 MW, 434 applications from CPPs for 37,345.79 MW and 433 from IPPs for a record 425,836.5 MW capacity addition. The installed capacity of these power projects vary from 10 MW to 5,280 MW.
A coal ministry official said that "Some of the applications had already been considered in the past by the standing linkage committee (long term) but deferred the decision due to various reasons. These applications will be taken up in due course to provide long-term coal linkage for the upcoming power projects."
The official said the standing linkage committee (long term) would take up the proposals wherein the applicant had changed the category from CPP to IPP or enhanced or reduced the generation capacity or modified configuration.
According to the official, adequate reserves coal reserves upto 1,200 metres deep have been estimated at 277 billion tonnes as on April 1st 2010 and lignite reserves have been estimated at 39.07 billion tonnes as on March 31st 2009. Of the 277 billion tonne, 110 billion tonnes of coal reserves have already been identified, 130.65 billion tonnes are indicated and 35.6 billion tonnes inferred.
The power ministry official said it had been pursuing with the coal ministry for an early clearances for both short and long term coal linkages.
(sourced BS)
Tuesday, March 8, 2011
India's Vedanta to acquire coal mines in overseas
Tuesday, 08 March 11
India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official said during 10th Anniversary Coaltrans India conference in The Taj Palace Hotel, New Delhi, India.
Vedanta is planning to import one million tons of coal to blend with Indian coal to feed its 2,400-MW power plant in Orissa, India. The IPP will supply power to Vedanta's aluminium plant.
Coaltrans conference in India was attended by hundreds of coal suppliers, coal consumers, coal traders and logistic services companies. The conference will continue tomorrow.
Tags: coal traders, logistic services companies
Thursday, March 3, 2011
Arch Coal to pay USD 4 million for clean water violations
Thursday, 03 Mar 2011 |Reuters|
Reuters reported that Arch Coal Inc will pay a USD 4 million penalty for clean water violations at its mining operations in three states.
Arch Coal, which is the second largest US coal supplier, was charged with releasing too much iron, manganese, suspended solids and other pollutants into streams from four of its mining facilities in Virginia, West Virginia and Kentucky.
Ms Cynthia Giles, an assistant administrator at the Environmental Protection Agency, said that "Violations at mining operations can have significant environmental and public health consequences, including the pollution of the waters that people use for drinking, swimming and fishing."
She added that "It is critical that companies operating next door to homes, schools and other businesses meet the standards established to protect the health and the environment for these communities."
As part of the settlement, the company will take steps to prevent an estimated two million pounds of pollution from entering waterways. The company will also use a treatment system to reduce releases of selenium, a pollutant from mining, into streams.
Arch Coal, which is the second largest US coal supplier, was charged with releasing too much iron, manganese, suspended solids and other pollutants into streams from four of its mining facilities in Virginia, West Virginia and Kentucky.
Ms Cynthia Giles, an assistant administrator at the Environmental Protection Agency, said that "Violations at mining operations can have significant environmental and public health consequences, including the pollution of the waters that people use for drinking, swimming and fishing."
She added that "It is critical that companies operating next door to homes, schools and other businesses meet the standards established to protect the health and the environment for these communities."
As part of the settlement, the company will take steps to prevent an estimated two million pounds of pollution from entering waterways. The company will also use a treatment system to reduce releases of selenium, a pollutant from mining, into streams.
Saturday, February 26, 2011
Mines Ministry suspends NALCO CMD
Feb 26, 2011
New Delhi: National Aluminium Company Ltd (NALCO) Chairman-cum-Managing Director AK Srivastava, who was caught allegedly taking bribe and is in CBI custody now, has been suspended by the government.
The mines ministry suspended Srivastava based on CBI charges, a top official said. BL Bagra, Director (Finance), has been given the additional charge of chairman-cum-managing director till further orders, the official added.
AK Srivastava, his wife Chandni along with their two accomplices Bhushan Lal Bajaj and his wife Anita Bajaj were sent to Central Bureau of Investigation custody till March 3 in a bribery case. They were arrested by the CBI on Friday night in New Delhi and produced at the Patiala House Court on Saturday.
"The case is required to be thoroughly investigated and for that sustained interrogation of the accused persons is required. Accordingly, I am satisfied that prayer for police custody of accused persons is justified," Special CBI judge OP Saini said.
The CBI had demanded seven days remand of the accused to unearth details of criminal conspiracy.
Earlier, there was there was high drama at the Patiala House Court when the four accused were produced. Chandni Srivastav broke down inside the court and claimed that her husband was not involved in the bribery case. She pleaded that the matter was between her and the Bajajs only, adding that Srivastava was not involved in the dealings.
Srivastava also pleaded before the court to not send him to police custody as he would lose his job if put in custody for more than two days. He also said that he was willing to help the CBI in investigating the matter.
"I will lose my job if I am in custody for more than two days. I am willing to take leave and join investigations. Please don't send me to police custody," Srivastava pleaded.
The CBI also conducted raids at the residence of Gurinder Singh Bhatia in Indore after leads from Srivastava. Bhatia is the owner of Indore-based company, Bhatia International which was allegedly bribing Srivastava. The company supplies coal and coal products to industries.
The CBI arrested Srivastava and his wife for accepting an illegal gratification of three gold bricks, each weighing 1 kg, of 24 carat gold. His wife was accepting the bribe from Anita Bajaj. The Bajajs were reportedly brokering a deal between Srivastava and Bhatia International.
Chandni accompanied by Anita, had just deposited the three gold bricks in a bank locker of the Bank of Maharashtra in New Delhi when she was arrested.
The bank locker was in the name of Anita but was being operated by Chandni "as benami".
A search of the locker revealed seven more gold bricks of 1 kg each, golden ornaments weighing 188 grams and Rs 9.5 lakh in cash. A search of Chandni led to the recovery of Rs 5 lakh from her handbag and the key of another locker in the name of Anita.
The mines ministry suspended Srivastava based on CBI charges, a top official said. BL Bagra, Director (Finance), has been given the additional charge of chairman-cum-managing director till further orders, the official added.
AK Srivastava, his wife Chandni along with their two accomplices Bhushan Lal Bajaj and his wife Anita Bajaj were sent to Central Bureau of Investigation custody till March 3 in a bribery case. They were arrested by the CBI on Friday night in New Delhi and produced at the Patiala House Court on Saturday.
"The case is required to be thoroughly investigated and for that sustained interrogation of the accused persons is required. Accordingly, I am satisfied that prayer for police custody of accused persons is justified," Special CBI judge OP Saini said.
The CBI had demanded seven days remand of the accused to unearth details of criminal conspiracy.
Earlier, there was there was high drama at the Patiala House Court when the four accused were produced. Chandni Srivastav broke down inside the court and claimed that her husband was not involved in the bribery case. She pleaded that the matter was between her and the Bajajs only, adding that Srivastava was not involved in the dealings.
Srivastava also pleaded before the court to not send him to police custody as he would lose his job if put in custody for more than two days. He also said that he was willing to help the CBI in investigating the matter.
"I will lose my job if I am in custody for more than two days. I am willing to take leave and join investigations. Please don't send me to police custody," Srivastava pleaded.
The CBI also conducted raids at the residence of Gurinder Singh Bhatia in Indore after leads from Srivastava. Bhatia is the owner of Indore-based company, Bhatia International which was allegedly bribing Srivastava. The company supplies coal and coal products to industries.
The CBI arrested Srivastava and his wife for accepting an illegal gratification of three gold bricks, each weighing 1 kg, of 24 carat gold. His wife was accepting the bribe from Anita Bajaj. The Bajajs were reportedly brokering a deal between Srivastava and Bhatia International.
Chandni accompanied by Anita, had just deposited the three gold bricks in a bank locker of the Bank of Maharashtra in New Delhi when she was arrested.
The bank locker was in the name of Anita but was being operated by Chandni "as benami".
A search of the locker revealed seven more gold bricks of 1 kg each, golden ornaments weighing 188 grams and Rs 9.5 lakh in cash. A search of Chandni led to the recovery of Rs 5 lakh from her handbag and the key of another locker in the name of Anita.
(sourced from PTI)
Wednesday, February 23, 2011
India's Tata Steel says no decision yet on Riversdale
Wed Feb 23, 2011 2:16pm GMT
MUMBAI Feb 23 (Reuters) - India's Tata Steel (TISC.BO: Quote), the world's No. 7 steelmaker, said on Wednesday it has not yet made a decision regarding its stake in Africa-focused coal miner Riversdale (RIV.AX: Quote).
Tata Steel holds a 24 percent stake in Riversdale, which has received a $3.9 billion bid from Rio Tinto (RIO.AX: Quote).
The company has till March 4 to decide on whether it will hold on to the stake or sell to Rio, but earlier this month its Managing Director Hemant Nerurkar told Reuters Tata Steel was primarily interested in securing coal supplies from Riversdale, and talking to Rio about various options.
(Reporting by Prashant Mehra; Editing by Aradhana Aravindan,sourced:Thomson Reuters)
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