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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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Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions
As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...
Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape
The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week& ...
Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019
Event Date:2-3th July. 2019t
Location: Jakarta, Indonesia
Sarawak Shell Berhad (S ...
Thursday, 09 May 19
OFFSHORE CARIBBEAN CONGRESS 2019
Offshore Caribbean Congress 2019
Event Date: 4-5th July. 2019t
Location: Georgetown, Guyana
Hess announced a new d ...
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- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- MS Steel International - UAE
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
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