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Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run by NTPC Ltd. and other government utilities, an MMTC official said.
The fuel, which will be supplied from Indonesia over six months starting Nov, will have a calorific or heating value of 6,300 kilocalories, said the official, who declined to be identified because he isn’t authorized to speak to the media.
India’s thermal coal imports rose to 44 million tonnes in the year ended Mar 2010 from 38 million tonnes a year earlier, according to data from the nation’s coal ministry. The International Monetary Fund revised India’s 2010 economic growth forecast in Jul to 9.4 percent from its earlier prediction of 8.8 percent in Apr.
The coal will be used in power plants located in northern and central India, the official said.
MMTC has asked for 300,000 tonnes of coal for the Bhilai plant operated by a venture between NTPC, India’s largest power producer, and the Steel Authority of India Ltd., 360,000 tonnes for a venture between NTPC and the Haryana state utility in Jhajjar, 175,000 tonnes for the Haryana utility and 500,000 tonnes for the Uttar Pradesh state utility, the official said.
Tender documents for the two NTPC facilities will be opened on Sep 23 and the rest on Sep 28, the official said.
Source: sxcoal
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Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
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- Ministry of Transport, Egypt
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- Simpson Spence & Young - Indonesia
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- Samtan Co., Ltd - South Korea
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- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
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- Indian Energy Exchange, India
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- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
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- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
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- European Bulk Services B.V. - Netherlands
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- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
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- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Orica Mining Services - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Energy Development Corp, Philippines
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- Posco Energy - South Korea
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- ICICI Bank Limited - India
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- GMR Energy Limited - India
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- GN Power Mariveles Coal Plant, Philippines
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