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Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and consumption rises.
“We’ll see demand from India increase as their power plants start operating,” Herlan Siagian, general manager for marketing at PT Bumi Resources, Indonesia’s biggest coal producer, said on the sidelines of a McCloskey Group Ltd. industry conference in Bali.
Chinese coal imports may exceed 100 million metric tons this year and rise to 200 million tons annually over the next several years, JPMorgan said in a report on Nov. 13. Coal imports by India may increase to 81 million tons in the year ending March 2012 from 70 million tons in the year ending March 2010, Indian coal minister Sriprakash Jaiswal said last month.
PT Berau Coal, Indonesia’s fifth-largest coal producer, expects sales to India to rise to 3 million tons next year from 2 million tons this year, while shipments to China may double to 4 million tons, said Eko Natalina, Berau’s general manager for marketing and sales. South Korean consumers may buy 3.5 million tons from the company next year, compared with 3 million tons this year, he said.
PT Kideco Jaya Agung, partly owned by PT Indika Energy, expects shipments to India to gain by as much as 2 million tons to 6 million tons next year, while shipments to China may increase to 2 million tons next year from 1 million tons in 2009. Sales to South Korea next year may be little changed from this year’s 3.5 million tons, he said.
“With the global economy recovering, demand of coal from China and India will increase,” C.H. Richard Lee, Kideco’s managing director, said in Bali.
Bumi Resources said in October that the company plans to increase sales to China and India by 2012 when Indonesia boosts annual production to 100 million tons from 53 million last year. It may supply 20 percent of its output to each of the two countries, Dileep Srivastava, Bumi’s head of investor relations, said then.
Source: Bloomberg
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Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
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- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
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