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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, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...
Friday, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010-
COALspot.com (Press Release): China plans to increase coal import significantly ...
Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn
Live Mint reported that, State-run power utility NTPC Ltd is in ta ...
Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead
The coal from the Indonesian mine would provide raw material to the group's power projects
The Aries coal mines acquired by the gro ...
Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...
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- Indian Oil Corporation Limited
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- PTC India Limited - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
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