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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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Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com - Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...
Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
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- White Energy Company Limited
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
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