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Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take advantage as the world’s largest exporter of coal. It is also neatly placed geographically, on the doorsteps (well, almost) of China and India.
Rudi Vann, a leading coal analyst at Wood Mackenzie, told beyondbrics he expects Indonesian coal production to rise nearly 90 percent to 480m tonnes by 2020. By striking deals to sell it in exchange for infrastructure financing, Indonesia is using the resource to fix its own crumbling roads, ports, bridges - and its power plants too.
As you might expect, the competition to secure Indonesian coal is being led by China and India, as the FT reports on Thursday. Companies from the two countries signed a series of deals in recent months to finance billions of dollars in Indonesian infrastructure projects in exchange for thermal coal.
The deals are reminiscent of the controversial minerals-for-infrastructure transactions that China has struck across Africa to secure supplies of that continent’s resources.
Indonesia is in desperate need of capital and has set the ambitious target of attracting $160bn in foreign investment over the next few years.
The most recent coal deal was in August, when Indian conglomerate Adani said it would spend $1.6bn on a railway line and coal terminal in southern Sumatra.
KPMG estimates India’s coal shortfall will reach 189 tonnes a year by 2015. Domestic supplies could soon be limited by tougher environmental regulations planned by Environment Minister Jairam Ramesh, who recently said a third of India’s coal reserves are in areas off limits to mining companies.
Chinese companies, already heavily invested in Indonesian coal mines, are looking for more acquisitions, but have also inked deals to build power plants. Vann noted that Indonesia has already exported more coal to China in the first half of this year than all of 2009.
The country’s production of thermal coal will likely rise by around seven per cent to 280 million tonnes in 2010, led by purchases from China, India, South Korea, Japan and Taiwan, the Indonesian Coal Mining Association said.
On top of flourishing exports, domestic Indonesian demand will also rise around eight per cent a year as it adds 10,000 megawatts of electricity-generation capacity from coal-fired power plants by 2016.
Source: FT
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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
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