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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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Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
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- Marubeni Corporation - India
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
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