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Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
 COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply pacts with CILBSE -4.60 % to lift coal under "as is where is" scheme by arranging their own logistics, as reported by Economic Times.
According to Economic Times, "In order to ensure adequate availability of coal, Coal India Ltd BSE -4.60 % (CIL) has been impressed upon to enhance production of domestic coal in the country and power utilities have also been advised to enhance import of coal," Coal and Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.
The supply of coal to power sector from CIL during the April-June period was 88.66 MT as against the target of 101.61 MT. In order to meet this shortfall of around 12.95 million tons, power Utilities were advised to import coal, as reported by paper.
According to Coal and Power Minister of India during the 2014-15 fiscal, as against domestic coal requirement of 527 MT, availability of domestic coal is 473 MT, leaving a shortfall of 54 MT. The minister further added, "During the period April-May, 2014 power utilities have imported 7.6 MT against pro-rata target of 9.0 MT," said Economic Times.
India is already a net coal importer and importing coal from all coal producing countries like US, Colombia, Russia, South Africa, Australia and Indonesia. Indonesia is the largest coal supplier of India. Indian cement, paper and private power producers consumed Indonesian coal since 1992/1993.
Increase of imported coal usage in India might help to correct the current international coal prices upward, a coal trader from India said. The potential increase of coal imports from current level in to India in near future is also expected to help to heal the freight market at least to survival level from current critical level. However, there is no sign of sudden jumps in coal inquiries from India.
The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of July sets at US$ 72.45 which is US$ 1.19 lower than last month HBA. The declared Indonesian Coal Price Reference for this month is the lowest since November 2009.
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Friday, 04 July 14
PARAM MITRA COAL RESOURCES SECURES US$ 7.5M INVESTMENT FROM TEMBUSU PARTNERS
Param Mitra Coal Resources Pte Ltd (“PMCR”), which owns two operating coal mines in Indonesia, has secured from Singapore private equit ...
Thursday, 03 July 14
BUMI TRANSFERS 19% OF KPC STAKE VALUED AT US$ 950 MILLION TO CIC
COALspot.com: PT. Bumi Resources announces that 19% of its holdings in Kaltim Prima Coal (KPC), valued at US$ 950 million, has been transferred to ...
Thursday, 03 July 14
PANAMAX : IN THE ATLANTIC, OWNERS ARE WILLING TO FIX AT ABOUT $2.5K PER DAY - FEARNEYS
Handy
In its latest weekly report, shipbroker Fearneys noted that, this week seems to have been more of a wait and see game between owners and ch ...
Wednesday, 02 July 14
NEWMONT FILES FOR INTERNATIONAL ARBITRATION ON ORE EXPORT BAN - THE JAKARTA POST
PT Newmont Nusa Tenggara (NNT), a subsidiary of United States-based Newmont Corporation, has filed for international arbitration against the govern ...
Wednesday, 02 July 14
THE PANAMAX MARKET CONTINUED TO BLEED FOR ANOTHER WEEK - INTERMODAL
COALspot.com: The Dry Bulk market succumbed to mounting pressure this past week, while the Capesize market proved unable to “save the day&rdq ...
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- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Planning Commission, India
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
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