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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Planning Commission, India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
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