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Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian traders participating in the tender said.
Indian demand for South African coal has been the most important factor supporting prices at over $60.00 a tonne FOB Richards Bay throughout this year.
India has accounted for around 14 million tonnes or 35 percent of South Africa's coal exports this year - a proportion which will rise if state power plants begin taking South African coal instead of Indonesian.
South African coal prices will also rise if the Indian power sector takes a potential extra 4 million tonnes, traders said. Until now, South African coal has been bought by Indian end-users in the cement and sponge iron sectors.
Speaking on the sidelines of the Coaltrans coal industry conference in London, traders said MMTC was expected to award the tender for one year's supply shortly.
"They called all the shortlisted companies in to open the tender and then they delayed again. The Commerce Ministry had not given clearance," one trader said.
"South African coal could easily make up 30 percent of the tonnage. It's a good coal, it's competitive and it works well into the Indian power sector," another trader said.
South Africa's exports will fall this year to around 60 million tonnes from 67 million last year due to rail restrictions.
At best, South Africa will export no more than 69 million tonnes next year, industry sources said.
Any increase in Indian demand will boost prices, they said.
MMTC awarded its 12.5 million coal tender in June to traders Adani, but was forced to scrap it and re-tender after accusations of unfair terms by a participating company which was disqualified.
After re-tendering, Adani, Bhatia, Coal & Oil and Agarwal were shortlisted. The Commerce Ministry is closely overseeing the coal tender and will have to approve the final award before it is made, traders said.
Source: Reuters
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Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
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- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Planning Commission, India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
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