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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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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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- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- The University of Queensland
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- PTC India Limited - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
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