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Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply contracts since the power plants it was seeking the coal for had been privatized.
The state-run power firm held 3 separate tenders for 11 lots of 65,000 tons each in July and September to buy steam coal for the Pagbilao and Sual coal power stations in the main Luzon island.
Napocor said on its website that it did not proceed with the award of 585,000 tons of coal and cancelled the evaluation of bids for another 130,000 tons because the Sual and Pagbilao power plants had been privatized.
The energy unit of Philippine food-to-power conglomerate San Miguel Corp. took over control of the 1,000-megawatt Sual plant earlier this month after submitting the highest bid at a tender in August.
Therma Luzon Inc., a subsidiary of Aboitiz Equity Ventures, secured the contract for the 700-MW Pagbilao facility.
The deal requires the 2 companies to procure coal and other fuel for the power plants.
Napocor has awarded nearly 1.4 million tons in coal supply contracts to several Indonesian suppliers this year, just a third of the 4.18 million tons that the company imported in 2008, after privatising a number of coal-fed power facilities.
The power firm earlier postponed indefinitely a tender for supply of 50,000 tons of steam coal meant for its Naga-Cebu thermal power plant in the central Philippines
Source: ABC-CBN News
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Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
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- Australian Coal Association
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- Coal and Oil Company - UAE
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- Economic Council, Georgia
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- Renaissance Capital - South Africa
- SMC Global Power, Philippines
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- Sree Jayajothi Cements Limited - India
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- Ambuja Cements Ltd - India
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- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Independent Power Producers Association of India
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- Mjunction Services Limited - India
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- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- The University of Queensland
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- Interocean Group of Companies - India
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- Chamber of Mines of South Africa
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