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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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Wednesday, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 millio ...
Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
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- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
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