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Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the exploration blocks of Tharparkar district in Pakistan's southern province Sindh, local media reported "The technical and economic feasibility report of the project proved that the coal was good enough to generate power, brushing aside the common perception that it could not be used in power plants because of high moisture content," said Khalid Mansoor, chief executive officer of Engro Energy.
"We have the report and it has established that this coal is economically, socially and commercially exploitable," he added.
The feasibility report prepared by multiple foreign consultants, including German RWE and English mining experts SRK, is the first document significant enough to convince banks on financing the project, he said.
According to sources, the total cost of constructing the open- pit mine and power plant will be around 1.5 billion U.S. dollars for open-pit mining.
Coal will be excavated in different phases, starting with 6.5 million tons a year and going up to 13 million tons.
Depletion of gas reserves, in the past couple of years, has compounded the energy crisis in the country. Production of natural gas, which accounts for 47 percent of the total energy needs, is almost 25 percent short of the actual requirement.
One of the world's largest coal reserves exist in Tharparkar district of Sindh. But excavation has remained elusive since the discovery of over 185 billion tons of reserves in early 1990s.
Experts and power industry officials are unanimous on the importance of using indigenous coal to generate electricity. The country is facing daily shortfall of around 4,000 MW.
Source: Xinhua / Hellenic Shipping
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Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
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- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
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