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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration to bring down coal imports to zero.
Any customer who imported coal during the current year and any of the last two financial years is eligible to participate in this, said the national coal miner.
The minimum bid quantity is pegged at 25,000 tonnes for companies that use road transportation. For those using the rail mode, it is 50,000 tonnes, which is equivalent to 12 rakes. One rake is equivalent to 59 rail wagons.
The company said customers can bid for further incremental quantities of coal if they need.
“This move is in a bid to attain the government’s thrust on reducing coal import dependency of the country under the Aatmanirbharta plan. It would also open a new avenue for our coal companies to step up their sales,” said a CIL executive.
The e-auction would take place on the website of MSTC and Mjunction Services. CIL will soon announce the auction calendar for August 2020-March 2021 period, said the executive.
The executive said CIL is on a “mission mode to substitute imported coal with its own to step up its supplies”.
“In the process, the company has identified domestic coal-based power plants and non-power sector consumers largely made up of sponge iron, cement, captive power producers, fertilisers, steel and others who are importing coal as potential customers. These segments of customers have imported around 150 million tonnes of coal during the last fiscal year,” said CIL executive.
Source: Business Standard
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Saturday, 01 August 20
SHIP SHAPE - OUCH: FIS
Thursday afternoon saw a report that US GDP in Q2 shrank by 32.9%. Now this may have beaten expectations, but it’s a bit like saying that you ...
Saturday, 01 August 20
ASIA HOPE FOR LONG-TERM OIL DEMAND - BALTIC BRIEFING
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over t ...
Friday, 31 July 20
SHORT-TERM IMPACT ON THE CHEMICAL SHIPPING MARKET IF THE INDIA-CHINA DISPUTE ESCALATES - DREWRY
Due to the India-China dispute, the threat of deteriorating trade relations between the two countries has become real. Meanwhile, we expect freight ...
Friday, 31 July 20
PANAMAX: THE PERIOD MARKET REMAINS QUIET WITH FEW FIXTURES REPORTED - FEARNLEYS
Capesize
After weeks of dropping rates, there are finally some resistance for the Capes. Pacific rounds improving to upper15,000s by the middle ...
Friday, 31 July 20
PANDEMIC SENDING SOUTH AFRICAN COAL INDUSTRY TO EARLIER GRAVE - IEEFA
Could South Africa’s coal export industry, one of the largest in the world, be about to take a severe hit from the coronavirus?
...
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- The State Trading Corporation of India Ltd
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- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
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- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Chamber of Mines of South Africa
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- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
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- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
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- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
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- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
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- Merrill Lynch Commodities Europe
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- Samtan Co., Ltd - South Korea
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- Medco Energi Mining Internasional
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- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
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- Indian Energy Exchange, India
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- Cement Manufacturers Association - India
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- Bangladesh Power Developement Board
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- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
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- CIMB Investment Bank - Malaysia
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- GMR Energy Limited - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
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- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
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- New Zealand Coal & Carbon
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- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
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- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
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- The Treasury - Australian Government
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- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
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- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
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- Parliament of New Zealand
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
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- PowerSource Philippines DevCo
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- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Mercuria Energy - Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
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- Petron Corporation, Philippines
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- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- The University of Queensland
- Planning Commission, India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
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