We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
|
|
|
Showing 6561 to 6565 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Planning Commission, India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
|
| |
| |
|
