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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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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
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- India Bulls Power Limited - India
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- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
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- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
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- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- GMR Energy Limited - India
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- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
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- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Parliament of New Zealand
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- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
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- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
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- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Australian Coal Association
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
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- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
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- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
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- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
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