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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 $95.04 a ton in the week ended March 19.
State-owned Mahagenco operates plants with a total installed capacity of 9,996 megawatts of hydroelectric, thermal and hydro plants, according to the Web site.
Source: Bloomberg ( By Archana Chaudhary, Dinakar Sethuraman)
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Parliament of New Zealand
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- Coal and Oil Company - UAE
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- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
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- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
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- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
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- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
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- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
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- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Central Electricity Authority - India
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- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
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- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
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- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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