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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
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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