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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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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- India Bulls Power Limited - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- The University of Queensland
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Planning Commission, India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
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