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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
 Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 million metric tons of steaming coal in the year starting April 1, its biggest import so far.
“So far we’ve been doing fixed price contracts for coal where we’d buy at one price for the whole year,” Subrat Ratho, the utility’s managing director, said in a telephone interview. “From this tender onward, we will be buying at prices linked to global coal prices.”
Indian state-run generators, especially those located along the coasts, are expected to import more coal this year on directions from the Ministry of Power as it seeks to cut electricity shortages of as high as 13 percent. India’s thermal coal imports surged last year to about 60 million tons from about 30 million tons in 2008, Macquarie Group said this month.
The steam coal tender may feed the Mumbai-based company’s power plants in Nasik, Bhusawal, Khaparkheda, Parli and Chandrapur, according to a tender notice sent to traders this week. The bids are due on April 13. There will be two parts to the bid, one to evaluate the selling company’s capability and the other for the price.
Mahagenco, as the company is known, plans to import 3.35 million tons of power plant coal in the year starting April 1, 40 percent more than 2.4 million tons in the year ending March 31, Ratho said.
“We would like to import as little as we can because overseas coal is six-times more expensive than Indian coal,” Ratho said. “But it appears the Ministry of Power has made an assessment of how much coal the domestic companies will be able to supply to various states and have given us this target.”
Power-station coal prices at Newcastle, an Asian benchmark, rose 1.2 percent last week, according to the globalCOAL NEWCIndex. Prices gained $1.12 to $95.04 a ton in the week ended March 19.
State-owned Mahagenco operates plants with a total installed capacity of 9,996 megawatts of hydroelectric, thermal and hydro plants, according to the Web site.
Source: Bloomberg ( By Archana Chaudhary, Dinakar Sethuraman)
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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- CNBM International Corporation - China
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- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
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- Energy Development Corp, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
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- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
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- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
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- Indonesian Coal Mining Association
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- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
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- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
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- Global Coal Blending Company Limited - Australia
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- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
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- Australian Coal Association
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- Semirara Mining and Power Corporation, Philippines
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- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
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- Sindya Power Generating Company Private Ltd
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- IEA Clean Coal Centre - UK
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- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
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- Mercuria Energy - Indonesia
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- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
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- Semirara Mining Corp, Philippines
- White Energy Company Limited
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- Deloitte Consulting - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
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- Bharathi Cement Corporation - India
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- Energy Link Ltd, New Zealand
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- Global Business Power Corporation, Philippines
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- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
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- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Transport, Egypt
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- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
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- Jorong Barutama Greston.PT - Indonesia
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- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
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- Renaissance Capital - South Africa
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- Ceylon Electricity Board - Sri Lanka
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- GN Power Mariveles Coal Plant, Philippines
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