COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU


COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohmatsu, India.

The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by January 12, 2014. This is likely to apply to coal below 5700 kcal/kg on air dried basis in value.

As of now Indonesia is producing around 150 million tons of coal with calorific value below 5700 GAD (according to chairman of Indonesian coal mining association). However by 2014, there are possibilities the total production of below 5700 GAD coal may reach  more than 200 million per annum.

Will Indonesian coal  export ban impact on the Indian fuel requirements?
The earlier grade of coal that was being considered for proposed ban has GCV of 5100 kcal/kg of less (adb), which can be comparable to 3800-4200 kcal/kg (arb) domestic coal available in India. This grade of coal has found favor in India primarily due to likely price advantage but economics of power generation based on such grade of imported coal may be a suspect. This considering that such grades of coal from Indonesia typically have high moisture content, which makes transportation cost per unit of energy generated higher. The quantum of the low grade of coal (<5100 kcal/kg adb) procured from Indonesia is likely to remain relatively low.

However, if the new definition of low grade coal is applied (<5700 kcal/kg adb), it may be reasonable to believe that such a ban may have impact on the Indian power sector as volumes in this grade of coal are expected to rise in the proportion of coal exports to India. Several of the acquisitions made by Indian power generation companies in Indonesia have been in coal blocks that will produce coal of this grade, and a blanket ban on the exports can jeopardize power plant development in India.

On the other hand, the domestic Indonesian market may not be prepared to consume all the coal mined of this grade in view of the power generation capacity addition plans in Indonesia. In such a case, the coal mine development is likely to be deferred. The Indonesian law makers may need to reconsider domestic market demand, investment climate in coal sector and impact of the legislation on the export revenues. 

What is the alternative source for Indian power industry if the proposed coal export ban come into effect by 2014?
Indian power generation companies have been forced to look out for coal assets abroad due to the investment and regulatory environment within the country. India boasts of more than 110 billion tonnes of coal reserves, which largely fall within a 300 meters of depth. If the regulatory and investment environment is amended to allow greater participation of private sector Indian dependence on imports will be reduced.

However, for imports, India will continue to look at Indonesia, South Africa, Australia and newer destinations like Mozambique and Columbia. But these sources also have constraints, domestic demands in South Africa is likely to restrict quantum jump in exports out of South Africa. Indonesia has also proposed domestic market obligations. Mozambique may have infrastructure constraints for large volumes of coal being transported from Tete province to ports of Maputo, Ncala or Beira. Australian coal is of high quality but may have higher costs of mining and transport.

What would be the additional cost if Indian consumers switch their sourcing origin from Indonesia?
Indonesia has competitive advantage due to its geographical closeness. However, on a per tonne basis, assuming comparable quality, costs of transport may make marginal difference when compared with South Africa and Mozambique.

When compared to Australian coal, due to the high quality, cost of energy may well be comparable even though shipping costs are higher. Between Indonesian coal (5500 kcal/kg adb priced at USD 90 per tonne) and Australian coal (6500 kcal/kg adb priced at USD 120 per tonne), indicative variable cost difference of power generation may be about Indian Rupees 0.20 to 0.30 per kWh (electricity unit) in favor of Indonesian coal.

Will it affect Indian economy growth or this coal export ban is ignorable as India can easily identify alternative sources of fuel?
The magnitude of growth in power generation in India will necessarily mean that coal will remain the mainstay. Natural gas has had issues of availability. Nuclear plant development is facing socio-political challenge in view of the risks of technology failure. Development of hydel power has also faced issues of land acquisition, rehabilitation & resettlement apart from the technical issues of hydro-geological features. Renewable sources such as solar and wind generation are still projected to constitute a small portion of India power generation mix. Identifying an alternative source that can match coal in its accessibility, availability and affordability in the context of scale of capacity addition required in India is a challenge.

What is the Indian government's role on this issue, whether government has to come out with the solution such as easing Indian mining and environment law, open up mining for foreigners,  G2G arrangement, etc…?
There is a need to look at domestic sources with pro-active and constructive approach and make all necessary legal and statutory amendments that make the resources available and mineable. Easing the regulations may not be one of such measures but making those regulations work in sync with each other in a time bound and predictable manner must certainly be.

There is certainly a case for opening the domestic coal sector for private participation, including independent miners, and for foreign participation so that newer technology and enhanced scale of operations are implemented in India. The regulation also needs to permit risk capital to come in for prospecting and exploration.

For imports the G2G relations can be leveraged to secure coal assets. India has good relationship with Indonesia and has also signed a tax treaty with Mozambique in 2010 which will facilitate investments. Government may also engage with these countries to ease exports to India and extend fiscal support to coal mining companies investing in mining and associated infrastructure development. 

About Dipesh Dipu
Dipesh Dipu works as Director with Deloitte Touche Tohmatsu India Pvt. Ltd in the Energy and Resources consulting practice of the firm and anchors the Firm’s initiative in the mining and metals sectors.

He is a mining engineering graduate from Indian School of Mines and is a Chartered Financial Analyst (CFA). He has also done executive program in business management from Indian Institute of Management Calcutta. Dipesh has recently been awarded the Abheraj Baldota Gold Medal for the Young Mining Engineer of the Year 2007 by the Mining Engineers’ Association of India in recognition of his contributions in the improvement of mining industry in India.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 15 September 19
SUPRAMAX / ULTRAMAX: MORE STEMS WERE NOTICED GOING TO VIETNAM FROM INDONESIA - BALTIC BRIEFING
Capesize Overall it was a negative week for the Capesize market, with many routes losing ground.  A limited amount of time charter appeare ...


Wednesday, 11 September 19
THE INDONESIAN COAL PRICE REFERENCE FELL HEAVILY IN SEPTEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...


Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...


Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...


   267 268 269 270 271   
Showing 1341 to 1345 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Larsen & Toubro Limited - India
  • KOWEPO - South Korea
  • Mercuria Energy - Indonesia
  • bp singapore
  • UBS Singapore
  • CESC Limited - India
  • Goldman Sachs - Singapore
  • CoalTek, United States
  • Tata Chemicals Ltd - India
  • Maersk Broker
  • Medco Energi Mining Internasional
  • Kapuas Tunggal Persada - Indonesia
  • ETA - Dubai
  • Gresik Semen - Indonesia
  • Vale Mozambique
  • SRK Consulting
  • Sical Logistics Limited - India
  • Riau Bara Harum - Indonesia
  • Platts
  • Indian Energy Exchange, India
  • Star Paper Mills Limited - India
  • Inspectorate - India
  • Sindya Power Generating Company Private Ltd
  • Noble Europe Ltd - UK
  • Vizag Seaport Private Limited - India
  • Surastha Cement
  • PowerSource Philippines DevCo
  • Gujarat Electricity Regulatory Commission - India
  • Carbofer General Trading SA - India
  • Bhushan Steel Limited - India
  • Russian Coal LLC
  • Semirara Mining and Power Corporation, Philippines
  • Asia Cement - Taiwan
  • Energy Link Ltd, New Zealand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TRAFIGURA, South Korea
  • Latin American Coal - Colombia
  • Rudhra Energy - India
  • Bhoruka Overseas - Indonesia
  • LBH Netherlands Bv - Netherlands
  • EMO - The Netherlands
  • SGS (Thailand) Limited
  • Mitsui
  • Formosa Plastics Group - Taiwan
  • Arch Coal - USA
  • Tamil Nadu electricity Board
  • KEPCO - South Korea
  • Sinarmas Energy and Mining - Indonesia
  • Cosco
  • Intertek Mineral Services - Indonesia
  • BNP Paribas - Singapore
  • Thomson Reuters GRC
  • Krishnapatnam Port Company Ltd. - India
  • Petron Corporation, Philippines
  • SMG Consultants - Indonesia
  • Siam City Cement PLC, Thailand
  • Vijayanagar Sugar Pvt Ltd - India
  • Runge Indonesia
  • Thai Mozambique Logistica
  • Jindal Steel & Power Ltd - India
  • Coastal Gujarat Power Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Wood Mackenzie - Singapore
  • Maheswari Brothers Coal Limited - India
  • Indian Oil Corporation Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Britmindo - Indonesia
  • TANGEDCO India
  • Inco-Indonesia
  • Australian Coal Association
  • PNOC Exploration Corporation - Philippines
  • Humpuss - Indonesia
  • Malabar Cements Ltd - India
  • Romanian Commodities Exchange
  • Kartika Selabumi Mining - Indonesia
  • Indika Energy - Indonesia
  • Japan Coal Energy Center
  • Siam City Cement - Thailand
  • Heidelberg Cement - Germany
  • Kalimantan Lumbung Energi - Indonesia
  • Indorama - Singapore
  • WorleyParsons
  • PetroVietnam
  • Shenhua Group - China
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • ING Bank NV - Singapore
  • Mercator Lines Limited - India
  • White Energy Company Limited
  • Meenaskhi Energy Private Limited - India
  • Wilmar Investment Holdings
  • Holcim Trading Pte Ltd - Singapore
  • Enel Italy
  • Sree Jayajothi Cements Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • San Jose City I Power Corp, Philippines
  • Clarksons - UK
  • Sarangani Energy Corporation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Semirara Mining Corp, Philippines
  • Standard Chartered Bank - UAE
  • Globalindo Alam Lestari - Indonesia
  • Deutsche Bank - India
  • Credit Suisse - India
  • SN Aboitiz Power Inc, Philippines
  • Bank of China, Malaysia
  • GB Group - China
  • Power Finance Corporation Ltd., India
  • Bayan Resources Tbk. - Indonesia
  • The University of Queensland
  • Trasteel International SA, Italy
  • Lafarge - France
  • Ministry of Finance - Indonesia
  • Kumho Petrochemical, South Korea
  • EIA - United States
  • Xstrata Coal
  • Coalindo Energy - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Kepco SPC Power Corporation, Philippines
  • Shree Cement - India
  • Idemitsu - Japan
  • Commonwealth Bank - Australia
  • Cardiff University - UK
  • Panama Canal Authority
  • Alfred C Toepfer International GmbH - Germany
  • Samtan Co., Ltd - South Korea
  • South Luzon Thermal Energy Corporation
  • Binh Thuan Hamico - Vietnam
  • Reliance Power - India
  • London Commodity Brokers - England
  • Jaiprakash Power Ventures ltd
  • Altura Mining Limited, Indonesia
  • Mintek Dendrill Indonesia
  • Ambuja Cements Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Parliament of New Zealand
  • International Coal Ventures Pvt Ltd - India
  • UOB Asia (HK) Ltd
  • CCIC - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Infraline Energy - India
  • Indogreen Group - Indonesia
  • Electricity Authority, New Zealand
  • Berau Coal - Indonesia
  • TGV SRAAC LIMITED, India
  • ACC Limited - India
  • Bangladesh Power Developement Board
  • Eastern Energy - Thailand
  • Moodys - Singapore
  • Merrill Lynch Commodities Europe
  • ASAPP Information Group - India
  • GHCL Limited - India
  • Thriveni
  • Borneo Indobara - Indonesia
  • Agrawal Coal Company - India
  • SMC Global Power, Philippines
  • Attock Cement Pakistan Limited
  • NALCO India
  • Uttam Galva Steels Limited - India
  • SASOL - South Africa
  • Vedanta Resources Plc - India
  • Economic Council, Georgia
  • Platou - Singapore
  • McKinsey & Co - India
  • ICICI Bank Limited - India
  • Iligan Light & Power Inc, Philippines
  • MS Steel International - UAE
  • Eastern Coal Council - USA
  • Planning Commission, India
  • Salva Resources Pvt Ltd - India
  • Baramulti Group, Indonesia
  • Global Green Power PLC Corporation, Philippines
  • U S Energy Resources
  • Maharashtra Electricity Regulatory Commission - India
  • Bank of America
  • Neyveli Lignite Corporation Ltd, - India
  • GVK Power & Infra Limited - India
  • Xindia Steels Limited - India
  • Rio Tinto Coal - Australia
  • Therma Luzon, Inc, Philippines
  • Arutmin Indonesia
  • Sakthi Sugars Limited - India
  • PLN - Indonesia
  • New Zealand Coal & Carbon
  • ANZ Bank - Australia
  • Port Waratah Coal Services - Australia
  • Glencore India Pvt. Ltd
  • Sucofindo - Indonesia
  • DBS Bank - Singapore
  • APGENCO India
  • CIMB Investment Bank - Malaysia
  • Global Business Power Corporation, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Minerals Council of Australia
  • Independent Power Producers Association of India
  • Dalmia Cement Bharat India
  • Bukit Makmur.PT - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • PLN Batubara - Indonesia
  • The Treasury - Australian Government
  • Straits Asia Resources Limited - Singapore
  • Thiess Contractors Indonesia
  • Australian Commodity Traders Exchange
  • Petrochimia International Co. Ltd.- Taiwan
  • Edison Trading Spa - Italy
  • Meralco Power Generation, Philippines
  • Mjunction Services Limited - India
  • Grasim Industreis Ltd - India
  • Total Coal South Africa
  • Indo Tambangraya Megah - Indonesia
  • OCBC - Singapore
  • Mitsubishi Corporation
  • Ind-Barath Power Infra Limited - India
  • Fearnleys - India
  • Antam Resourcindo - Indonesia
  • Maybank - Singapore
  • Indonesia Power. PT
  • Karaikal Port Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Mitra SK Pvt Ltd - India
  • Kobexindo Tractors - Indoneisa
  • Orica Mining Services - Indonesia
  • BRS Brokers - Singapore
  • Freeport Indonesia
  • IBC Asia (S) Pte Ltd
  • J M Baxi & Co - India
  • IOL Indonesia
  • Bulk Trading Sa - Switzerland
  • GN Power Mariveles Coal Plant, Philippines
  • Pinang Coal Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Renaissance Capital - South Africa
  • Cebu Energy, Philippines
  • IMC Shipping - Singapore
  • Anglo American - United Kingdom
  • GAC Shipping (India) Pvt Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Directorate General of MIneral and Coal - Indonesia
  • McConnell Dowell - Australia
  • Electricity Generating Authority of Thailand
  • Coal Orbis AG
  • World Coal - UK
  • Mechel - Russia
  • Central Electricity Authority - India
  • The State Trading Corporation of India Ltd
  • Cargill India Pvt Ltd
  • Ernst & Young Pvt. Ltd.
  • Singapore Mercantile Exchange
  • Petrosea - Indonesia
  • Geoservices-GeoAssay Lab
  • Simpson Spence & Young - Indonesia
  • Jatenergy - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Thailand Anthracite
  • Gupta Coal India Ltd
  • Aditya Birla Group - India
  • Jorong Barutama Greston.PT - Indonesia
  • Argus Media - Singapore
  • Core Mineral Indonesia
  • RBS Sempra - UK
  • Permata Bank - Indonesia
  • Maruti Cements - India
  • Kideco Jaya Agung - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Malco - India
  • CNBM International Corporation - China
  • Toyota Tsusho Corporation, Japan
  • GMR Energy Limited - India
  • Cement Manufacturers Association - India
  • Samsung - South Korea
  • Gujarat Mineral Development Corp Ltd - India
  • Orica Australia Pty. Ltd.
  • Makarim & Taira - Indonesia
  • Kobe Steel Ltd - Japan
  • JPMorgan - India
  • Sojitz Corporation - Japan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Indonesian Coal Mining Association
  • Ceylon Electricity Board - Sri Lanka
  • Cigading International Bulk Terminal - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Central Java Power - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • HSBC - Hong Kong
  • Karbindo Abesyapradhi - Indoneisa
  • JPower - Japan
  • Interocean Group of Companies - India
  • Vitol - Bahrain
  • Ince & co LLP
  • Thermax Limited - India
  • Parry Sugars Refinery, India
  • World Bank
  • Madhucon Powers Ltd - India
  • Bhatia International Limited - India
  • KPMG - USA
  • Coal and Oil Company - UAE
  • Chamber of Mines of South Africa
  • Adani Power Ltd - India
  • Adaro Indonesia
  • Metalloyd Limited - United Kingdom
  • Videocon Industries ltd - India
  • Georgia Ports Authority, United States
  • GNFC Limited - India
  • Posco Energy - South Korea
  • globalCOAL - UK
  • TNPL - India
  • Merrill Lynch Bank
  • Indian School of Mines
  • Miang Besar Coal Terminal - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Ministry of Transport, Egypt
  • SUEK AG - Indonesia
  • TeaM Sual Corporation - Philippines
  • Africa Commodities Group - South Africa
  • Price Waterhouse Coopers - Russia
  • OPG Power Generation Pvt Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Banpu Public Company Limited - Thailand
  • Marubeni Corporation - India
  • Qatrana Cement - Jordan
  • India Bulls Power Limited - India
  • IEA Clean Coal Centre - UK
  • Oldendorff Carriers - Singapore
  • VISA Power Limited - India
  • Tanito Harum - Indonesia
  • Barclays Capital - USA
  • Tata Power - India
  • Savvy Resources Ltd - HongKong
  • Cemex - Philippines
  • Energy Development Corp, Philippines
  • European Bulk Services B.V. - Netherlands
  • Coal India Limited
  • Deloitte Consulting - India
  • AsiaOL BioFuels Corp., Philippines
  • Coeclerici Indonesia
  • NTPC Limited - India
  • Bangkok Bank PCL
  • Manunggal Multi Energi - Indonesia
  • KPCL - India
  • Lanco Infratech Ltd - India
  • Ministry of Mines - Canada
  • Bukit Baiduri Energy - Indonesia
  • Gujarat Sidhee Cement - India
  • MEC Coal - Indonesia
  • Bharathi Cement Corporation - India
  • Peabody Energy - USA
  • Directorate Of Revenue Intelligence - India
  • Asian Development Bank
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Barasentosa Lestari - Indonesia
  • Coaltrans Conferences
  • PTC India Limited - India
  • The India Cements Ltd