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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 $95.04 a ton in the week ended March 19.
State-owned Mahagenco operates plants with a total installed capacity of 9,996 megawatts of hydroelectric, thermal and hydro plants, according to the Web site.
Source: Bloomberg ( By Archana Chaudhary, Dinakar Sethuraman)
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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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- GMR Energy Limited - India
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- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
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- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
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- TeaM Sual Corporation - Philippines
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- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- PTC India Limited - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
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- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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- Central Electricity Authority - India
- Baramulti Group, Indonesia
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- Bukit Makmur.PT - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- International Coal Ventures Pvt Ltd - India
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- Orica Mining Services - Indonesia
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- VISA Power Limited - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
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- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
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- LBH Netherlands Bv - Netherlands
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- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
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- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
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- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
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- Orica Australia Pty. Ltd.
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