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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, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
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- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
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- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
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- Economic Council, Georgia
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- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
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- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
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- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
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- Australian Coal Association
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- GAC Shipping (India) Pvt Ltd
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- Indonesian Coal Mining Association
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- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
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- Rashtriya Ispat Nigam Limited - India
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- Thiess Contractors Indonesia
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- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
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- Power Finance Corporation Ltd., India
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- Renaissance Capital - South Africa
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- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
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- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
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- Larsen & Toubro Limited - India
- Parliament of New Zealand
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- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- VISA Power Limited - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Planning Commission, India
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- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
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- Ministry of Transport, Egypt
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- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
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- Bhoruka Overseas - Indonesia
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- Iligan Light & Power Inc, Philippines
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- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
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- Pendopo Energi Batubara - Indonesia
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- The University of Queensland
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- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
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- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Commonwealth Bank - Australia
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- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
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- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
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