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Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
 On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a joint venture between the North-West Power Generation Company Bangladesh Limited (NWPGCL) and China National machinery Import and Export Corporation (CMC).
According to press release of company, the coal will be supplied to the 1st phase of the Payra 1320MW Thermal Power Plant which has been constructed at Kalapara Upazila located in the Patuakkhali District in southern Bangladesh.
The Agreement has an initial 10 years term from the date of commencement of delivery which is currently expected in June 2020 with a further 10 year extension option after this. In the meaning, the Bayan Resources will supply coal to BCPCL for commissioning purposes with this coal expected to commence delivery in Q3 2019.
The press release further noted that, the agreement volume for the initial 10 year period is 23 million tonnes which would value this Agreement at well over US$ 1 billion using current market pricing. The majority of the coal to be supplied under this Agreement will be produced from the Bayan's world-class Tabang project in East Kalimantan.
The President Director of Bayan, Dato' Dr. Low Tuck Kwong who attended the signing ceremony in Bangladesh, stated "This contract represents not only the beginning of a new relationship between our two companies but also a strengthening of the relationship between our two countries. Bayan is very honored to be selected as the first major coal supplier to the Payra 1320MW Thermal Power Plant and we envisage that, with this first step, Bayan's Tabang coal will become a well-accepted staple in Bangladesh’s growing power sector"
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Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...
Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...
Monday, 16 September 19
THE COAL-D SHOULDER? - BALTIC EXCHANGE
Good fortune and the number 13 don’t usually go hand in hand, but when it comes to coal, 2013 actually seems to have been the commodity&rsquo ...
Monday, 16 September 19
SCRUBBERS AND FUEL PROFIT SHARE CLAUSES - CLYDE&CO
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a max ...
Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
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- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
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