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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, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- PTC India Limited - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
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