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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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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
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- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- The University of Queensland
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Australian Coal Association
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- MS Steel International - UAE
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