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Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal Minister of India Piyush Goyal “ It is clearly doable, it is not a fanciful target.”
India the third largest coal producers in the world after China and US and one of the world’s largest coal importer, may be able to stop thermal coal imports in the next three years if the coal India, the state owned and the world largest coal miner able to increase its coal production to 1 billion ton per annum by 2019.
Indian government has asked Coal India, to increase its coal output to 1 billion tonnes by 2019 to feed existing and upcoming power plants.
"I'm very confident of achieving these targets and am very confident that India's current account deficit will not be burdened with the amount of money we lose for imports of coal," Mr. Goyal told a conference, media reports says.
The minister , according to media reports, added that, "Possibly in the next two or three years we should be able to stop imports of thermal coal”. He even went a step further and said the country should make efforts to become an exporter of coal by drawing up a clear roadmap for the same.
If India able to produce 1 billion tons of coal by 2019 and stops coal imports, the global physical coal prices will face downward pressure. Indian coal imports rose to 168.4Mmt last fiscal year, and the government estimated earlier this year that the domestic shortage would range between 185 and 265 million tonnes by 2016/17.
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Saturday, 06 December 14
MUNDRA PORT MAKES HISTORY BY HANDLING THE LARGEST BULK CARRIER TO CALL ON WEST COAST OF INDIA
COALspot.com: Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, yesterday said its Mundra Port successf ...
Friday, 05 December 14
CHINESE SPECIAL STEEL MAKERS' RISK PROFILES MORE RESILIENT - FITCH
Fitch Ratings says the risk profiles of Chinese makers of special steel, especially high-end products, are more like those of manufacturers and mor ...
Friday, 05 December 14
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED AROUND 905 MMST - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19 million short tons (mmst) of coal i ...
Thursday, 04 December 14
CAPE MARKET IS DEVELOPING FROM BAD TO WORSE
Handy
The Atlantic market has been pretty stable and balanced this week, Fearnleys AS says in its latest weekly report.
The broker furt ...
Thursday, 04 December 14
DRY BULK MARKET; ANOTHER DISAPPOINTING WEEK
COALspot.com: For those who have been hoping to see alignment of freight direction across the Dry Bulk market, this must have been another disappoi ...
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- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- SMC Global Power, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
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