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Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
 Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report in The Economic Times said. The company quoted Rs 4,033 crore (approximately US$ 508,583,481.50) for the supply of 2.416 million tonnes of coal on a freight-on-road (FOR) basis, the report added, as reported by Business Standard.
Business Standard further reported that, behind Adani were Mohit Minerals and Chettinad Logistics, who quoted Rs 4,182 crore (approximately US$ 527,373,201) , and Rs 4,222 crore (approximately US$ 532,417,421) , respectively, the report said. The bids opened on Friday. Between January and June, Gautam Adani-led Adani Enterprises bagged multiple contracts for coal import. Last year in December, the group shipped first coal consignment from its Carmichael mines in Australia’s Queensland, said Business Standard.
According to Business Standard, Adani Group is also eyeing two tenders totalling six MT from Coal India, industry insiders told ET, adding that the bids for these have to be submitted by Tuesday. A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting, Coal India had said earlier.
Business Standard further reported, after the closing of bids, Coal India will execute a contract with the top bidder, entering into a back-to-back agreement with state gencos and independent power producers (IPPs), who will get the imported coal.
Business Standard report further noted that, CIL is importing coal as the central government is looking to build enough stock at power plants before monsoon season affects coal mining, leading to a decrease in supply. The nation’s power demand peaks after monsoon due to an increase in requirements from the agriculture sector and warm weather conditions. The thermal power plants have 26.8 MT of coal stock, the Central Electricity Authority’s latest data showed. The plants will also blend this stock with domestic coal.
The power plants have been asked to import 10 per cent of their coal requirements, which will be done by CIL on their behalf.
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Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...
Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...
Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...
Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...
Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
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- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Aditya Birla Group - India
- Economic Council, Georgia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
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