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Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply plan is envisaged at 573.42 Million Tonnes with a demand-supply gap of 82.89 Million Tonnes. For 2011-12, the terminal year of 11th plan, against all India demand of coal of 713.24 Million Tonnes, supply plan has been projected to be at 629.91 Million Tonnes with a demand- supply gap of 83.33 Million Tonnes. This was stated by Minister of State for Coal, Shri Sriprakash Jaiswal in reply to a question in Rajya Sabha Today, as reported by PIB, India.
He said that in respect of Steel sector, against All India coking coal demand of 50.51 Million Tonnes and 68.50 Million Tonnes respectively during 2010-11 and 2011-12, availability from indigenous sources is envisaged to be 17.92 Million Tonnes and 26.02 Million Tonnes respectively resulting in a demand supply gap of 32.59 and 42.48 Million Tonnes respectively.
In respect of Power Utility sector, against All India demand of 442 and 473 Million Tonnes in 2010-11 and 2011-12 respectively, availability from indigenous sources is envisaged at 389.57 Million Tonnes for 2010-11 with demand supply gap of 52.43 Million Tonnes in 2010-11.
The Minister informed that the major actions that are being taken by CIL to make-up the short fall in coal production from its mines are as under:
· CIL has identified 142 new projects during XI Plan period the ultimate capacity will be 380.22 Mt. Out of 142 identified projects, 76 projects have been approved so far, and the expected contribution from these new projects will be 110.95 Mt in the terminal year of XI Plan (2011-12)
· Few high capacity underground mines have been identified for development and Operation through state- of-the- art technology.
. Restart mining operations in a few abandoned mines belonging to three of its subsidiaries namely ECL, BCCL and CCL with appropriate technology forming JV with reputed mining companies.
. Acquisition of mining stake abroad through SPV/Coal Videsh Wing of CIL
. Up gradation to high capacity equipment matching with bench height and stripping ratio.
Source: PIB
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Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
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- Videocon Industries ltd - India
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- Rashtriya Ispat Nigam Limited - India
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- Ambuja Cements Ltd - India
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- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
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- IEA Clean Coal Centre - UK
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- Edison Trading Spa - Italy
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- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- The University of Queensland
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- Indian Oil Corporation Limited
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- Energy Link Ltd, New Zealand
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- Wilmar Investment Holdings
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- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
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- CIMB Investment Bank - Malaysia
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- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
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- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
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- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
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- Romanian Commodities Exchange
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- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
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- Energy Development Corp, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
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- Mercuria Energy - Indonesia
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- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
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