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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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Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
Wednesday, 06 January 10
BUMI SHARES UP AS OVERALL PERFORMANCE BEATS PREDICTIONS
The world’s largest thermal coal exporter PT Bumi Resources saw its shares jump 10 percent to Rp 2,675 ($29 US cents) on Tuesday after the com ...
Wednesday, 06 January 10
INDIA MAY HAVE BECOME TOP BUYER OF SOUTH AFRICAN COAL
India may have overtaken Europe for the first time as the biggest purchaser of South African coal in 2009, according to Raymond Chirwa, Richards Bay ...
Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has ca ...
Tuesday, 05 January 10
SUPRAMAX MARKET REMAINED QUIET OVER THE LAST 10 DAYS BRS - DRY BULK
Despite a damp end to the year for bulk rates, shipping has weathered the storm far better than was initially expected in the wake of the financ ...
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- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
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- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
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- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
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- Minerals Council of Australia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
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- Price Waterhouse Coopers - Russia
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- The State Trading Corporation of India Ltd
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- White Energy Company Limited
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- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
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- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
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- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
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- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
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- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- PTC India Limited - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
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- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
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- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
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- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
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