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Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ forest approval for its Aries coal mine in Indonesia. This is the final approval needed ahead of commencement of mine development activities.
Essar Energy acquired a 100% interest in the Aries coal mine in April 2010 for US$118 million. The mining area comprises approximately 5,000 hectares located in the West Kutai region of East Kalimantan. A Joint Ore Reserves Committee (JORC) compliant resource assessment estimates that the block contains approximately 64 million tonnes of mineable reserves with an annual potential production of 4 million tonnes of coal with an average gross calorific value of 5,400 to 5,500 Kcal/kg. This is sufficient to provide a dedicated fuel supply to the Salaya I, 1,200 MW coal-fired power plant located in Gujarat, India.
The Company has already commenced the construction of supporting road and port infrastructure and it is expected that first coal will be available within 9-12 months of today’s announcement.
Until coal from the Aries coal mine becomes available, fuel for the Salaya I power project is being supplied under a fixed price coal contract with Essar Shipping and Logistics Limited, Cyprus. Unit 1 of Salaya I (600 MW), has already entered commercial operations, and unit 2 (also 600MW) is near to completion.
Naresh Nayyar, Chief Executive Officer of Essar Energy, said: "With today’s approval, we can now accelerate development at the Aries coal mine to provide fuel for our Salaya I power plant. This is a major step forward in our strategy of providing full fuel security for all of our power generation assets, thereby eliminating price and delivery risks."
Essar Energy has access to over 500 million tonnes of coal resources across seven coal blocks in India and overseas. This coal is sufficient to provide fuel to 5,250 MW of Essar Energy’s power generation capacity.
Source:Essar Energy
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Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
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- Planning Commission, India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
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