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Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal assets, aimed at bridging the growing domestic demand-supply gap. "We will ask for more coal blocks as our requirement is increasing continuously. We will discuss the issue with both the governments -- South Africa and Mozambique," Jaiswal told PTI.
South Africa and Mozambique are two major destinations for coal-hungry firms across the globe, since, the resource used for steel-making and power generation are scarce.
India, which largely depends upon state-owned Coal India Ltd for meeting its domestic need, is likely to see as much as 83 million tonnes of short supply in the current fiscal. All deficits are met through imports.
"Acquiring assets abroad will be one of our main priorities this year," Jaiswal said.
The minister will be accompanied by Coal Secretary, C Balakrishnan and Coal India Chairman, Partha Bhattacharya among other officials for the government-to-government level talks.
At present, Coal India has two coal blocks in Mozambique, where it plans to begin its exploration in the next fiscal, while the production is expected to begin from 2014-15.
Coal India Chairman, Partha Bhattacharya had earlier said that both the blocks are estimated to have combined coal reserves of about one billion tonnes.
However, connectivity between the coal blocks and nearest port is a big transportation hurdle and the issue will be figured prominently with the talks with Mozambique government, Jaiswal said.
"We are going to request them to build a bridge on the Dcondezi river, which falls between the coal blocks and port and reduces the time to five months (in a year) for carrying out geological prospecting and exploration," he said.
Jaiswal added his delegation will also hold discussions on transferring of coal to oil (CTO) and underground Coal Gasification technologies with its South African counterpart and petro-chemical giant Sasol.
Sasol is the world leader in coal to liquid (CTL) and gas to liquid (GTL) technologies, which converts natural gas and coal into petro products like diesel, naptha etc. Its Secunda plant in South Africa with 1,60,000 barrels per day capacity is the world’s largest facility of its kind.
It has also announced to set up a joint venture with the Tata group to build a CTL plant, worth $ 10 billion, in Orissa with a capacity of 80,000 barrels oil per day. The plant is expected to be operational by 2018.
Source: PTI / Hindustan Times
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Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
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- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- The University of Queensland
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- PTC India Limited - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
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