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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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Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
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