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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
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- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- PTC India Limited - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
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