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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, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...
Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...
Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...
Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
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- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Marubeni Corporation - India
- White Energy Company Limited
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Carbofer General Trading SA - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
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