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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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Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
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- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- White Energy Company Limited
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Planning Commission, India
- The Treasury - Australian Government
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
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