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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, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- White Energy Company Limited
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
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