MMTC LIMITEDIndia's Largest International Trading Company

COAL & HYDROCARBON

Coal and Hydrocarbon is identified as one of the core areas of business for MMTC and Steam coal is identified as a thrust product for import. The coal and hydrocarbons business has achieved a turnover of Rs 18390 million in 2004-05.  The above turnover is comprised of mainly LAM COKE, Coking Coal and steam coal. 

During 2004-05 MMTC transacted a business of around 1.10 million tons of Coking Coal, 0.50 million tons of LAM COKE and 1.39 million tons of  steam coal.  A quantum jump both in value and quantity of coking coal and non-coking steam coal – total 6 million tons valued at Rs.2500 Million - is expected during 2005-06.

MMTC withstood the stiff competition due to its continuous and persistent efforts in diversifying its markets, offering value added products and services to its existing customers, enlarging its product range and customer base, expanding extensively its infrastructure facilities, using its expertise in trading by attaching utmost care and importance to its trade commitments as also the quality service and product.

Certain specific strengths of MMTC, which make it a strong player in this sector are :

1. Strong business relationship with the leading coal mines and reputed suppliers of various coal and hydrocarbon products.  A list of suppliers whose credentials are established are also updated from time to time.  They are retained by MMTC for sourcing. 
2. Elaborate infrastructure facilities for bulk handling with arrangements for rail and road transport, warehousing, port and shipping operations, which gives MMTC complete control over trade logistics.
3. One of the biggest International traders in bulk in the country.
4. Importing non-coking steam coal continuously for the power plants under long-term contracts.

Major End Users Of Coal And Petroleum Products

All along MMTC is very successful in organizing supplies of Coking coal, non-coking (steam) coal, low ash metallurgical coke, Naphtha etc.  MMTC is catering to the requirements of various customers, inclusive of State Electricity Boards and Power Utilities. Currently there is big gap between demand and supplies of non-coking coal in the domestic market, which is likely to widen further in 2006-07.  Therefore many of the SEBs are importing steam coal for techno-economic reasons. The quality of imported coal is superior with high GCV and lower ash, which leads to lower costs and environment friendly generation of power.

 MMTC is one of the largest importers of LAM COKE in India. LAM COKE is imported by MMTC for various customers like NINL, SAIL, RINL, KIOCL, and IDCOL and also for some private companies.  MMTC imported of LAM coke on a regular basis for MMTC promoted Neelachal Ispat Nigam Limited, Duburi, Orissa. With the commencement of commercial production of Coke Oven by NINL, MMTC has tied up for import of nearly 1.4million tons of coking coal annually for captive consumption at NINL.

 Concerted efforts are also made to meet the requirements of small customers whose off take is less than shipload by clubbing similar requirements.  Coal Division also organises financing of import transaction of coking coal and Lam Coke.  The Division also undertakes marketing of high quality LAM coke and coal tar produced by Neelachal Ispat Nigam Ltd.  The LAM coke produced at NINL has moisture content of 1% maximum, compared to 4- 5% moisture in normal coke, which is due to dry quenching process.

Typical Specification For Imported Non-Coking (STEAM) Coal

Typical Specification For Low Ash Metallurgical Coke Imported