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Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine months in the fiscal year starting April 1 to fire the company’s biggest power plant.
Bidders have until April 9 to submit offers to supply the Raichur Thermal Power Station, a 1,470 megawatt capacity plant, in southern Karnataka state, according to the company’s tender invitation.
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“India, the world’s second-most populous nation, will import 76 million tons of thermal coal and coking coal for steel-making in the 2010 fiscal year” - mjunction
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The first part of the tender will be opened on April 9 at 3.00 p.m. Indian time, Karnataka Power, a south Indian utility, said. Steaming coal is burnt in locomotives and boilers to produce electricity, heating and power engines.
India, the world’s second-most populous nation, will import 76 million tons of thermal coal and coking coal for steel-making in the 2010 fiscal year, according to mjunction Services Ltd., a Web-based trader backed by the country’s biggest steel producers, in January. That’s up from 59 million tons in the previous period. Imports will rise to 110 million tons in 2012.
State-owned Karnataka Power operates plants with a total installed capacity of 5,510 megawatts of hydroelectric, thermal and wind energy, and has 4,000 megawatts of projects in the pipeline, according to the Web site.
Source: Bloomberg Reported by Natalie Obiko Pearson
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Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
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