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Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
 Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power plants have fallen behind schedule.
The steering committee managing coal imports said, however, that firms should start looking for foreign coal suppliers immediately to ensure there is no delay.
“Besides Australia and Indonesia, Viet Nam can also source coal from Russia by buying stakes in mines there or purchasing the right to mine or buy coal,” Nguyen Manh Quan, a member of the committee and the head of the Heavy Industry Department, said.
But he was unsure if power-plant investors would begin looking for coal sources any time soon.
Tran Chien Thang, deputy general director of the Viet Nam National Coal and Mineral Industries Group (Vinacomin), said the Government had tasked his firm with importing coal for power plants but no investor had discussed the issue yet.
“Enterprises, especially State-owned ones, prefer local sources because costs are partly subsidised by the Government,” Quan said.
A private firm recently signed an agreement with a foreign supplier to buy coal for 20 years and was willing to import more to supply other companies, Ta Van Huong, director of the Energy Department, said.
An Vien Group and VinCom Group informed the Ministry of Industry Trade that they could help local firms source coal from Russia, Minister of Industry and Trade Le Duong Quang said.
However, more companies can enter the coal import business as long as they follow Government rules, according to the ministry .
The steering committee will draft a legal framework to regulate coal imports.
It is not clear yet but Viet Nam may have to import between 3 million and 15 million tonnes of coal a year by 2015 – and 21 million to 40 million by 2020 – as more and more coal-fired power plants are built, Vinacomin has said. — VNS
Source: Vietnam Business
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Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
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- Aditya Birla Group - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Australian Coal Association
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
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