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Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
 Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report in The Economic Times said. The company quoted Rs 4,033 crore (approximately US$ 508,583,481.50) for the supply of 2.416 million tonnes of coal on a freight-on-road (FOR) basis, the report added, as reported by Business Standard.
Business Standard further reported that, behind Adani were Mohit Minerals and Chettinad Logistics, who quoted Rs 4,182 crore (approximately US$ 527,373,201) , and Rs 4,222 crore (approximately US$ 532,417,421) , respectively, the report said. The bids opened on Friday. Between January and June, Gautam Adani-led Adani Enterprises bagged multiple contracts for coal import. Last year in December, the group shipped first coal consignment from its Carmichael mines in Australia’s Queensland, said Business Standard.
According to Business Standard, Adani Group is also eyeing two tenders totalling six MT from Coal India, industry insiders told ET, adding that the bids for these have to be submitted by Tuesday. A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting, Coal India had said earlier.
Business Standard further reported, after the closing of bids, Coal India will execute a contract with the top bidder, entering into a back-to-back agreement with state gencos and independent power producers (IPPs), who will get the imported coal.
Business Standard report further noted that, CIL is importing coal as the central government is looking to build enough stock at power plants before monsoon season affects coal mining, leading to a decrease in supply. The nation’s power demand peaks after monsoon due to an increase in requirements from the agriculture sector and warm weather conditions. The thermal power plants have 26.8 MT of coal stock, the Central Electricity Authority’s latest data showed. The plants will also blend this stock with domestic coal.
The power plants have been asked to import 10 per cent of their coal requirements, which will be done by CIL on their behalf.
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Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
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- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
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