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Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
 COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers from around the world to become associates of STC to supply coal to state owned utilities such as NTPC, DVC, WBPDCL, NALCO etc. The companies who are interested to join STC, require to provide number of information about their company structure, past experiences, financial condition and other technical related information.
9th July 2010 was the last day for submission of EoI to STC. We understand around 13 Indian and international companies have submitted their EoI to joint with STC to supply coal to Indian state owned utilities through STC. According to a source,"in future state owned utilities might buy coal through STC or MMTC using index base pricing instead of current cumbersome and time consuming tender procedure".
Leading Indian and International trading companies such as Adani Enterprises Limited, Bhatia International Limited, Coastal Energy Private Limited , Knowledge Infrastructure System, Maheswari Brothers, Swiss Singapore Overseas Enterprises Pre Ltd., Singapore, MCS Holdings Pte Ltd., Singapore, Noble Resources Pte Ltd., Vyon Tradelinks Pte Limted, Sri Avantika Contractors (I) Ltd, Trasteel International SA, Lanturno Nisper Coal Trading SA, Vandana Global Ltd have submitted their EoI.
The name of qualified companies are expecting within couple of days after evaluation, verification process by STC. STC might Choose number of companies as its associates for this financial year.
The similar invitation was also floated by MMTC around 3 weeks back and understand several Indian and international trading companies have already submitted their EoI for evaluation. The announcement of names of qualified suppliers will be expecting any time next week.
The New Commerce minister of India, is showing his seriousness to establish professional system within state owned trading companies for sourcing or marketing. State owned trading or supplying companies are playing major roll when state owned utilities are in market for its raw material. The traditional tender system was critics by participants due lack of transparency, unclear technical requirement or other qualification related procedures.
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Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
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- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
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