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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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Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
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- Sindya Power Generating Company Private Ltd
- Planning Commission, India
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- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Trasteel International SA, Italy
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- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
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- Thai Mozambique Logistica
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- Makarim & Taira - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Malabar Cements Ltd - India
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- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
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- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
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- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
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- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
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- Madhucon Powers Ltd - India
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- Global Business Power Corporation, Philippines
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- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
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- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
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- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- MS Steel International - UAE
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
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- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
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- Aboitiz Power Corporation - Philippines
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- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
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