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Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is affecting power generation in the state, official sources said.
"The imported coal has reached a port in Gujarat and will reach the state shortly," Madhya Pradesh Power Generating Company Limited (MPPGCL) Chairman cum Managing Director (CMD) RB Agarwal said.
The coal, purchased through Adani Enterprises, will be used in Satpura Thermal Power Station in Betul district, he said adding that they will import one lakh metric tones more in this financial year.
Madhya Pradesh was facing an annual shortage of around 20 lakh metric tonnes, an MPPGCL official, said.
"We were not in favour of buying imported coal costing around Rs5000 per metric tonne, but there was no way out," he said adding that the imported coal was double the cost of indigenous fuel.
There was a shortage of around 35 million tonnes of coal for power generation in the country, he said and pointed out that other states in India too were importing it.
He said that the foreign coal was of high quality and that it produces enormous heat and low ash which is good for power generation.
Madhya Pradesh government was not in favour of importing coal and even state chief minister Shivraj Singh Chouhan had led a protest march last year in New Delhi alleging that the Centre was discriminating against the state in coal supply.
Source: DNA India
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Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
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