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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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Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- Wood Mackenzie - Singapore
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- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
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- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
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- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
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- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
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- Bayan Resources Tbk. - Indonesia
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- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
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- Goldman Sachs - Singapore
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- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
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- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
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- Energy Link Ltd, New Zealand
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- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
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- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
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- Sindya Power Generating Company Private Ltd
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- Georgia Ports Authority, United States
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- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
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- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
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- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
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- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
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- Electricity Generating Authority of Thailand
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- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
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- Samtan Co., Ltd - South Korea
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- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Power Finance Corporation Ltd., India
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- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- The University of Queensland
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- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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- Rashtriya Ispat Nigam Limited - India
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