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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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Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...
Friday, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010-
COALspot.com (Press Release): China plans to increase coal import significantly ...
Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn
Live Mint reported that, State-run power utility NTPC Ltd is in ta ...
Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead
The coal from the Indonesian mine would provide raw material to the group's power projects
The Aries coal mines acquired by the gro ...
Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...
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- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- The University of Queensland
- Mintek Dendrill Indonesia
- Planning Commission, India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
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