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Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine months in the fiscal year starting April 1 to fire the company’s biggest power plant.
Bidders have until April 9 to submit offers to supply the Raichur Thermal Power Station, a 1,470 megawatt capacity plant, in southern Karnataka state, according to the company’s tender invitation.
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“India, the world’s second-most populous nation, will import 76 million tons of thermal coal and coking coal for steel-making in the 2010 fiscal year” - mjunction
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The first part of the tender will be opened on April 9 at 3.00 p.m. Indian time, Karnataka Power, a south Indian utility, said. Steaming coal is burnt in locomotives and boilers to produce electricity, heating and power engines.
India, the world’s second-most populous nation, will import 76 million tons of thermal coal and coking coal for steel-making in the 2010 fiscal year, according to mjunction Services Ltd., a Web-based trader backed by the country’s biggest steel producers, in January. That’s up from 59 million tons in the previous period. Imports will rise to 110 million tons in 2012.
State-owned Karnataka Power operates plants with a total installed capacity of 5,510 megawatts of hydroelectric, thermal and wind energy, and has 4,000 megawatts of projects in the pipeline, according to the Web site.
Source: Bloomberg Reported by Natalie Obiko Pearson
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Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
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- Coal and Oil Company - UAE
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