We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
 The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a major supplier to the Asian market even though the quality of its coal reserves has declined to sub-bituminous and even liqnite or lower-rank coal, Garibaldi Thohir, the chief executive officer of publicly listed PT Adaro Energy, said here Wednesday.
“First of all, the biggest international market for coal now is Asia, notably China and India, which are practically on our doorstep,” said Thohir who was here to receive several awards for Adaro Energy at the 2010 Platts Top 250 Global Energy Company Rankings on Tuesday evening.
The ninth annual Platts 250 Global Energy Company Rankings measures companies’ financial performance using four key metrics: asset worth, revenues, profits, and return on invested capital. And to be ranked, companies must have assets greater than US$3 billion.
Thohir said the high economic growth in China and India, which made these countries hungry for natural-resource commodities, notably energy, had drastically changed the international coal market.
Asia now accounts for more than 65 percent of global coal consumption.
Platts analyst James 0’Connell quoted The Australian Bureau of Agricultural and Resource Economics (Abare), a government research agency, as saying recently that India, the fastest growing importer of thermal coal, will import almost 70 million tons this year.
“Indian imports will expand to more than 77 million tons next year as 18.8 GW in additional capacity of power generation is expected to be completed next March,” Abare estimated in a report in June.
O’Connell said China, with an annual production already exceeding 3 billion tons, will still import almost 100 million tons this year and 103 million tons next year to fire its huge power generation industry.
Another Indonesian competitive advantage, according to Thohir, is that Indonesia has very low production costs as most of its 95 billion tons of reserves allow for open-cast mining, he added.
Yet most important, he added, “our coals produce very low emissions of sulphur, nitrogen oxides and wastes. The benefits of all this for users is that our coal would reduce the costs of their equipment maintenance and ash disposal”.
Indonesian coal exports are estimated by the coal miners association at about 200 million tons this year, much lower than the original projection due to the unusually heavy rainfalls that have affected mining operations.
Andre Mamuaya, Adaro Director and Corporate Secretary, said Indonesian domestic coal consumption would also increase steadily as the country is expanding the capacity of its coal-fired power generation to reduce dependence on oil.
“The State Electricity Company [PLN] now uses only about 40 million to 42 million tons of coal per year. But this volume could double within the next five years as several new coal-fired power stations come on stream”, Mamuaya added.
The Ministry of Mines and Energy recently revealed the government program to convert diesel-fired power plants with a combined capacity of around 8,000 MW into coal-fired plants.
Most of the additional 10,000 MW new capacity being built under the first crash power program which was launched in 2006 is also based on coal.
Based on the government’s energy plan, the state electricity company (PLN) will generate more than 50 percent of its output with coal.
Source: The Jakarta Post (By:Vincent Lingga)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...
Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...
Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production &ndas ...
Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
|
|
|
Showing 5546 to 5550 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- White Energy Company Limited
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
|
| |
| |
|
