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Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
 India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the agreement both sides have settled for a ‘trigger level’ of 90 percent. Trigger level is the minimum assured level of coal supply and offtake, failing which either of the parties will attract penalty.
Earlier Coal India had insisted on a trigger level of 75 percent, but NTPC had asked for 90 percent.
The FSA signed here is the first between Coal India and any power utility and would serve as the model for all subsequent agreements between coal companies and power agencies, Coal India chairman Partha Bhattacharyya said.
“We will now sign such pacts with state power utilities and other power companies,” he told reporters.
As per the new coal distribution policy (NCDP) of the central government, coal companies are required to supply the black gold to consumers through legally enforceable FSAs with performance-based ‘take or pay’ provision.
Out of its 1,222 valid consumers, Coal India has formulated FSAs with 1,167, but so far it had not entered into any such pact with any power utility.
More than 75 percent of Coal India’s production is lapped up by power utilities.
The Central Electricity Authority (CEA), which played a pivotal role in formulating the FSA, has developed an all India coal supply matrix for all 78 power stations in which Coal India will supply a total aggregate annual contracted quantity (ACQ) of 306 million tonnes, Bhattacharyya said.
The tenure of the FSA with power utilities will be a maximum of 20 years or till the end of the life of the power station, whichever is earlier. However, there are provisions for a joint review of the ACQ after five years.
The coal company will get a bonus if it can supply more than the trigger level of 90 percent of the ACQ, but will have to shell out a penalty to the power agency if the supply falls below the trigger level.
Similarly, the power utilities will be eligible for a bonus if they can lift more than the trigger level of 90 percent of the ACQ, but pay a compensation in case the lifted quantity falls below the trigger level.
NTPC chairman R.S. Sharma was also present at the media meet.
Source: http://www.sindhtoday.net/news/1/15435.htm
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Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size.
The BDI was marg ...
Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...
Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent ...
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...
Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN
Mr. Sahust Pratuknukul, President of Electri ...
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- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- White Energy Company Limited
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
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