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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 government managed to privatize most of its coal-fired power generation assets.
Napocor fuel manager Nellie Delos Reyes said Napocor had earmarked about P1.9 billion for its coal purchases in 2010, down from the P26 billion set aside for this year’s procurement.
Of the budget, P1.1 billion would be allotted for coal imports, which usually comes from Indonesia, while the remaining P810 million would be for local purchases. These figures are subject to change depending on current market prices at the time of procurement, she added.
The estimates and planned purchases will be presented next week to the Napocor board for approval.
Napocor used to supply the coal requirements of the 1,000-MW Sual power plant in Pangasinan, 700-MW Pagbilao plant in Quezon and the 600-MW Calaca facility in Batangas.
However, with the privatization efforts being undertaken by Power Sector Assets and Liabilities Management Corp., Napocor is left with only the Naga facility to tend.
“As you know, we’re no longer taking care of Calaca, Pagbilao and Sual so that reduces our coal transactions,” said Napocor president Froilan A. Tampinco, in an interview.
The Calaca facility was recently turned over to the Consunji-led DMCI Holdings Inc., which offered the government $361.7 million for the power plant.
Food and beverage giant San Miguel Corp. bagged the independent power producer administrator (IPPA) contract for the Sual power plant with an offer of $1.07 billion.
Source: Philippine Daily Inquirer
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Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
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- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
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