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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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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Electricity Generating Authority of Thailand
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- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
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- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Economic Council, Georgia
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- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
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- MS Steel International - UAE
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- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
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- Thiess Contractors Indonesia
- Planning Commission, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Orica Australia Pty. Ltd.
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- Cement Manufacturers Association - India
- Petron Corporation, Philippines
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- The Treasury - Australian Government
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- Africa Commodities Group - South Africa
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- Power Finance Corporation Ltd., India
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- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
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- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
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- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
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- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
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- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
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- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
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- Global Coal Blending Company Limited - Australia
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- Samtan Co., Ltd - South Korea
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- Georgia Ports Authority, United States
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- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
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