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Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, there were no takers for the imported coal. Now NTPC has asked us to import 4 million tonnes of coal for their utilities," Coal India Chairman P S Bhattacharyya told reporters here.
However, the coal major said, it is yet to receive a formal letter from NTPC in this regard. "The company is expected to write to us regarding the same soon," he said.
CIL had set a target to import 4 million tonnes of coal for the current fiscal. However, earlier this week, it had set that it may not be shipping any coal in the country as its domestic output would be enough to meet the local demand.
NTPC requires 150 million tonnes of coal during the current financial year to fire its power plants and it plans to import 12.5 million tonnes of the dry fuel from overseas.
Further, Bhattacharyya said a policy of washing coal should be approved to reduce the ash content of the dry fuel and reduce the price gap in comparison to international coal.
"Policy of washing coal should be approved. If more coal is washed here, there would be lesser gap between domestic and international coal prices," he said.
CIL's coal prices are in the range of Rs 448-Rs 2,500 per tonne, up to 50 per cent less than international rates, he said.
Source: Newsx
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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
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- Ambuja Cements Ltd - India
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- Mintek Dendrill Indonesia
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- Tamil Nadu electricity Board
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- Planning Commission, India
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- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
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- The State Trading Corporation of India Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
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- Wood Mackenzie - Singapore
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- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
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- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
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- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
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- Antam Resourcindo - Indonesia
- Economic Council, Georgia
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- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
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- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
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- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
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- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
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- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
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- Meenaskhi Energy Private Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
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- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
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- ASAPP Information Group - India
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- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
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- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
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- Indian Energy Exchange, India
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- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
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- Thiess Contractors Indonesia
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- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
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- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
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- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
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