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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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Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
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- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
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