COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...


Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...


Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...


Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...


   1274 1275 1276 1277 1278   
Showing 6376 to 6380 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Merrill Lynch Commodities Europe
  • Economic Council, Georgia
  • CNBM International Corporation - China
  • Gujarat Sidhee Cement - India
  • APGENCO India
  • Wilmar Investment Holdings
  • TRAFIGURA, South Korea
  • Infraline Energy - India
  • PetroVietnam
  • Lanco Infratech Ltd - India
  • Uttam Galva Steels Limited - India
  • Ambuja Cements Ltd - India
  • Asian Development Bank
  • Cement Manufacturers Association - India
  • Arutmin Indonesia
  • Core Mineral Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Salva Resources Pvt Ltd - India
  • PTC India Limited - India
  • Tata Power - India
  • CoalTek, United States
  • Inco-Indonesia
  • ICICI Bank Limited - India
  • Eastern Energy - Thailand
  • Arch Coal - USA
  • GAC Shipping (India) Pvt Ltd
  • Pinang Coal Indonesia
  • Therma Luzon, Inc, Philippines
  • Thomson Reuters GRC
  • Sinarmas Energy and Mining - Indonesia
  • Cardiff University - UK
  • India Bulls Power Limited - India
  • The Treasury - Australian Government
  • Power Finance Corporation Ltd., India
  • Fearnleys - India
  • Indika Energy - Indonesia
  • Africa Commodities Group - South Africa
  • Posco Energy - South Korea
  • Gujarat Mineral Development Corp Ltd - India
  • Indian Oil Corporation Limited
  • Star Paper Mills Limited - India
  • Peabody Energy - USA
  • AsiaOL BioFuels Corp., Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Rio Tinto Coal - Australia
  • Thriveni
  • Credit Suisse - India
  • JPower - Japan
  • Planning Commission, India
  • U S Energy Resources
  • Grasim Industreis Ltd - India
  • Barasentosa Lestari - Indonesia
  • Dalmia Cement Bharat India
  • IEA Clean Coal Centre - UK
  • Bhatia International Limited - India
  • Ministry of Transport, Egypt
  • Petrochimia International Co. Ltd.- Taiwan
  • Indogreen Group - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Tamil Nadu electricity Board
  • Indian Energy Exchange, India
  • SMG Consultants - Indonesia
  • Bank of China, Malaysia
  • Asmin Koalindo Tuhup - Indonesia
  • EIA - United States
  • IHS Mccloskey Coal Group - USA
  • South Luzon Thermal Energy Corporation
  • Billiton Holdings Pty Ltd - Australia
  • Panama Canal Authority
  • Electricity Authority, New Zealand
  • SRK Consulting
  • GB Group - China
  • Essar Steel Hazira Ltd - India
  • Ernst & Young Pvt. Ltd.
  • McKinsey & Co - India
  • Cargill India Pvt Ltd
  • UOB Asia (HK) Ltd
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Globalindo Alam Lestari - Indonesia
  • Coeclerici Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sojitz Corporation - Japan
  • Mitsubishi Corporation
  • GN Power Mariveles Coal Plant, Philippines
  • Formosa Plastics Group - Taiwan
  • Renaissance Capital - South Africa
  • Malco - India
  • Vizag Seaport Private Limited - India
  • Mintek Dendrill Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Coastal Gujarat Power Limited - India
  • Manunggal Multi Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • The University of Queensland
  • Edison Trading Spa - Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Energy Development Corp, Philippines
  • GMR Energy Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • The State Trading Corporation of India Ltd
  • VISA Power Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Petrosea - Indonesia
  • San Jose City I Power Corp, Philippines
  • KPCL - India
  • Platts
  • World Coal - UK
  • Commonwealth Bank - Australia
  • Kideco Jaya Agung - Indonesia
  • Orica Australia Pty. Ltd.
  • IOL Indonesia
  • Freeport Indonesia
  • Thiess Contractors Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • OCBC - Singapore
  • European Bulk Services B.V. - Netherlands
  • Lafarge - France
  • Neyveli Lignite Corporation Ltd, - India
  • Orica Mining Services - Indonesia
  • SMC Global Power, Philippines
  • Global Green Power PLC Corporation, Philippines
  • ETA - Dubai
  • Mechel - Russia
  • Altura Mining Limited, Indonesia
  • CIMB Investment Bank - Malaysia
  • Baramulti Group, Indonesia
  • HSBC - Hong Kong
  • Videocon Industries ltd - India
  • Chamber of Mines of South Africa
  • Maersk Broker
  • JPMorgan - India
  • BRS Brokers - Singapore
  • J M Baxi & Co - India
  • PNOC Exploration Corporation - Philippines
  • PLN Batubara - Indonesia
  • Samsung - South Korea
  • Xindia Steels Limited - India
  • Geoservices-GeoAssay Lab
  • Georgia Ports Authority, United States
  • Tata Chemicals Ltd - India
  • Antam Resourcindo - Indonesia
  • Intertek Mineral Services - Indonesia
  • bp singapore
  • Cemex - Philippines
  • Maheswari Brothers Coal Limited - India
  • Maybank - Singapore
  • Meralco Power Generation, Philippines
  • Xstrata Coal
  • Central Electricity Authority - India
  • Directorate General of MIneral and Coal - Indonesia
  • Agrawal Coal Company - India
  • Meenaskhi Energy Private Limited - India
  • ACC Limited - India
  • Idemitsu - Japan
  • Singapore Mercantile Exchange
  • Alfred C Toepfer International GmbH - Germany
  • Kobe Steel Ltd - Japan
  • Global Coal Blending Company Limited - Australia
  • Cebu Energy, Philippines
  • Aboitiz Power Corporation - Philippines
  • Metalloyd Limited - United Kingdom
  • PLN - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Russian Coal LLC
  • Asia Cement - Taiwan
  • Kapuas Tunggal Persada - Indonesia
  • Permata Bank - Indonesia
  • SASOL - South Africa
  • Bhoruka Overseas - Indonesia
  • Tanito Harum - Indonesia
  • Trasteel International SA, Italy
  • Thai Mozambique Logistica
  • Bangkok Bank PCL
  • Semirara Mining Corp, Philippines
  • Romanian Commodities Exchange
  • Jatenergy - Australia
  • Madhucon Powers Ltd - India
  • Bukit Makmur.PT - Indonesia
  • BNP Paribas - Singapore
  • Ind-Barath Power Infra Limited - India
  • CESC Limited - India
  • Maruti Cements - India
  • TNB Fuel Sdn Bhd - Malaysia
  • GHCL Limited - India
  • Coal and Oil Company - UAE
  • RBS Sempra - UK
  • IMC Shipping - Singapore
  • Mjunction Services Limited - India
  • Australian Commodity Traders Exchange
  • Moodys - Singapore
  • Vale Mozambique
  • Berau Coal - Indonesia
  • Standard Chartered Bank - UAE
  • Simpson Spence & Young - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Riau Bara Harum - Indonesia
  • Central Java Power - Indonesia
  • CCIC - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Banpu Public Company Limited - Thailand
  • Petron Corporation, Philippines
  • Ministry of Mines - Canada
  • ING Bank NV - Singapore
  • IBC Asia (S) Pte Ltd
  • Coalindo Energy - Indonesia
  • Inspectorate - India
  • Cosco
  • Marubeni Corporation - India
  • Sakthi Sugars Limited - India
  • Borneo Indobara - Indonesia
  • White Energy Company Limited
  • Savvy Resources Ltd - HongKong
  • Siam City Cement - Thailand
  • Port Waratah Coal Services - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • World Bank
  • Enel Italy
  • KOWEPO - South Korea
  • Indo Tambangraya Megah - Indonesia
  • Sarangani Energy Corporation, Philippines
  • PowerSource Philippines DevCo
  • Deutsche Bank - India
  • DBS Bank - Singapore
  • Vitol - Bahrain
  • Australian Coal Association
  • Coal India Limited
  • Ince & co LLP
  • SGS (Thailand) Limited
  • The India Cements Ltd
  • Mercuria Energy - Indonesia
  • Malabar Cements Ltd - India
  • Aditya Birla Group - India
  • Adani Power Ltd - India
  • Mitsui
  • ASAPP Information Group - India
  • Indonesian Coal Mining Association
  • WorleyParsons
  • Medco Energi Mining Internasional
  • Surastha Cement
  • TeaM Sual Corporation - Philippines
  • Kepco SPC Power Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Kartika Selabumi Mining - Indonesia
  • Bank of America
  • Bulk Trading Sa - Switzerland
  • Deloitte Consulting - India
  • Iligan Light & Power Inc, Philippines
  • Interocean Group of Companies - India
  • Shree Cement - India
  • Parliament of New Zealand
  • Jindal Steel & Power Ltd - India
  • NALCO India
  • Shenhua Group - China
  • Heidelberg Cement - Germany
  • MS Steel International - UAE
  • Adaro Indonesia
  • Global Business Power Corporation, Philippines
  • Independent Power Producers Association of India
  • Mercator Lines Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Gresik Semen - Indonesia
  • GNFC Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • ANZ Bank - Australia
  • TANGEDCO India
  • KEPCO - South Korea
  • Indorama - Singapore
  • Indian School of Mines
  • Bharathi Cement Corporation - India
  • Price Waterhouse Coopers - Russia
  • Gupta Coal India Ltd
  • Noble Europe Ltd - UK
  • KPMG - USA
  • Siam City Cement PLC, Thailand
  • Glencore India Pvt. Ltd
  • Attock Cement Pakistan Limited
  • SUEK AG - Indonesia
  • Mitra SK Pvt Ltd - India
  • Minerals Council of Australia
  • Kumho Petrochemical, South Korea
  • Straits Asia Resources Limited - Singapore
  • Clarksons - UK
  • Bangladesh Power Developement Board
  • LBH Netherlands Bv - Netherlands
  • Latin American Coal - Colombia
  • London Commodity Brokers - England
  • Rudhra Energy - India
  • Thailand Anthracite
  • PetroVietnam Power Coal Import and Supply Company
  • Carbofer General Trading SA - India
  • Karbindo Abesyapradhi - Indoneisa
  • Kaltim Prima Coal - Indonesia
  • Thermax Limited - India
  • Kobexindo Tractors - Indoneisa
  • Britmindo - Indonesia
  • Sucofindo - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Ministry of Finance - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Reliance Power - India
  • MEC Coal - Indonesia
  • Energy Link Ltd, New Zealand
  • GVK Power & Infra Limited - India
  • Sical Logistics Limited - India
  • Goldman Sachs - Singapore
  • Total Coal South Africa
  • Semirara Mining and Power Corporation, Philippines
  • McConnell Dowell - Australia
  • Vedanta Resources Plc - India
  • TNPL - India
  • Coaltrans Conferences
  • Pipit Mutiara Jaya. PT, Indonesia
  • Barclays Capital - USA
  • Runge Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Electricity Generating Authority of Thailand
  • Chettinad Cement Corporation Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jaiprakash Power Ventures ltd
  • Argus Media - Singapore
  • globalCOAL - UK
  • Sree Jayajothi Cements Limited - India
  • International Coal Ventures Pvt Ltd - India
  • NTPC Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Samtan Co., Ltd - South Korea
  • Wood Mackenzie - Singapore
  • Qatrana Cement - Jordan
  • UBS Singapore
  • Indonesia Power. PT
  • Platou - Singapore
  • Pendopo Energi Batubara - Indonesia
  • Humpuss - Indonesia
  • EMO - The Netherlands
  • Vijayanagar Sugar Pvt Ltd - India
  • Parry Sugars Refinery, India
  • TGV SRAAC LIMITED, India
  • Eastern Coal Council - USA
  • Larsen & Toubro Limited - India
  • Merrill Lynch Bank
  • Japan Coal Energy Center
  • New Zealand Coal & Carbon
  • Makarim & Taira - Indonesia
  • Coal Orbis AG
  • Oldendorff Carriers - Singapore
  • Bayan Resources Tbk. - Indonesia
  • Anglo American - United Kingdom
  • Holcim Trading Pte Ltd - Singapore
  • Directorate Of Revenue Intelligence - India
  • Bhushan Steel Limited - India
  • Binh Thuan Hamico - Vietnam