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Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
 COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers from around the world to become associates of STC to supply coal to state owned utilities such as NTPC, DVC, WBPDCL, NALCO etc. The companies who are interested to join STC, require to provide number of information about their company structure, past experiences, financial condition and other technical related information.
9th July 2010 was the last day for submission of EoI to STC. We understand around 13 Indian and international companies have submitted their EoI to joint with STC to supply coal to Indian state owned utilities through STC. According to a source,"in future state owned utilities might buy coal through STC or MMTC using index base pricing instead of current cumbersome and time consuming tender procedure".
Leading Indian and International trading companies such as Adani Enterprises Limited, Bhatia International Limited, Coastal Energy Private Limited , Knowledge Infrastructure System, Maheswari Brothers, Swiss Singapore Overseas Enterprises Pre Ltd., Singapore, MCS Holdings Pte Ltd., Singapore, Noble Resources Pte Ltd., Vyon Tradelinks Pte Limted, Sri Avantika Contractors (I) Ltd, Trasteel International SA, Lanturno Nisper Coal Trading SA, Vandana Global Ltd have submitted their EoI.
The name of qualified companies are expecting within couple of days after evaluation, verification process by STC. STC might Choose number of companies as its associates for this financial year.
The similar invitation was also floated by MMTC around 3 weeks back and understand several Indian and international trading companies have already submitted their EoI for evaluation. The announcement of names of qualified suppliers will be expecting any time next week.
The New Commerce minister of India, is showing his seriousness to establish professional system within state owned trading companies for sourcing or marketing. State owned trading or supplying companies are playing major roll when state owned utilities are in market for its raw material. The traditional tender system was critics by participants due lack of transparency, unclear technical requirement or other qualification related procedures.
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Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
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- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
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