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Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
 China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on the year, or flat after tax effects, sources said on Thursday.
The price increase is in line with deals signed earlier in Shandong and Henan provinces, said the sources, including an executive at one of the power producers and a power industry official, both with knowledge of the negotiations.
The tonnage contracted so far, estimated at more than 100 million tonnes, accounts for up to 20 percent of the total annual coal consumption at these companies, the sources said.
"We've signed some contracts in certain regions, but deals with most of the expected regions are still up in the air," said the power company executive.
The industry official said the top five firms might sign annual deals for 200-300 million tonnes in all.
The top five state-owned power groups -- Huaneng, Datang, Guodian, Huadian and China Power Investment -- have been in talks with coal producers since December last year to try to agree contract prices.
The absence of a deal within China and the slowdown in demand overseas helped drive Chinese imports of coal to a record high in April, the last month for which data is available.
After the Henan and Shandong deals, analysts at Nomura said they expected the price to spread to the rest of China.
"We believe the rest of the coal miners in China may take the prices they have negotiated as benchmarks to finalise coal contracts in other provinces," Nomura analysts Ivan Lee and Evan Li Nomura said in a note to clients on June 5.
They said if the trend continued, it would improve earnings forecasts for the power firms' listed units: Datang Power, China Resources Power, Huaneng Power, Huadian Power and China Power.
Last week Chinese miner Yanzhou Coal said it had struck deals for 7.84 million tonnes with an average benchmark price of 502.62 yuan per tonne, including 4.29 million tonnes for power producers at 463.86 yuan per tonne, a 4 percent increase from 2008.
The provincial deals involve local coal mines, not top Chinese miners such as Shenhua, which has insisted this year's contract price for coal with calorific value of 5,500 kcal/kg (NAR) should rise to 540 yuan a tonne, or 17 percent higher than last year.
The power firms have so far rejected Shenhua's price, citing deep losses last year due to rising coal costs and lower power demand amid the economic downturn.
Source:http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSHA8440720090611
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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Central Electricity Authority - India
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