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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port.
The ship – M.V. Matilda – carrying 62,000 tonnes of coal has started discharging the coal at the New Mangalore Port. Another vessel – M.V. Fortune Princess – with 66,200 tonnes of imported coal is waiting at the anchorage.
Sources in the port told Business Line that another two to three vessels for the UPCL project are likely to call at the port in the coming days.
It is learnt that the imported coal will be used for synchronisation of the thermal power plant at the Udupi district. Sources in the company said that regular shipment of coal is likely from third week of January.
It may be mentioned here that a dedicated berth is being constructed under BOT (build, operate, and transfer) mode at the New Mangalore Port Trust (NMPT) for handling the imported coal for UPCL. The project cost is estimated at Rs 230 crore (US$ 49,837,484).
Nearly 65 per cent of the work on the berth has been completed at the port. A railway line is being laid to the UPCL site to carry the coal from the New Mangalore Port to the site.
When fully commissioned, the power plant at Padubidri in Udupi district would produce 1,200 MW
Source: The Hindu Business Line
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Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed.
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Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...
Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...
Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...
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- The Treasury - Australian Government
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- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
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- VISA Power Limited - India
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- Electricity Generating Authority of Thailand
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- Gujarat Sidhee Cement - India
- The University of Queensland
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- Bharathi Cement Corporation - India
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- Romanian Commodities Exchange
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- Gujarat Electricity Regulatory Commission - India
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