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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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Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
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- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
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