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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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Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
Thursday, 20 November 14
HANDY: INDO ROUNDS ARE BEING FIXED IN REGION OF US$ 10K - FEARNLEYS
Handy
In the Atlantic we have experienced firmer rates this week much lead by the grain activity out of USG. Vsls open in the USG can achieve in ...
Thursday, 20 November 14
DEMAND FOR DRY BULK CARRIERS INCREASES ON THE BACK OF HEIGHTENED FREIGHT RATE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners are looking to take advantage of favorable market conditions through the acquisition of more dry bulk carriers. According to shipbroker ...
Wednesday, 19 November 14
INDONESIA FUEL-PRICE RISE A CLEAR, POSITIVE REFORM SIGNAL - FITCH
COALspot.com: Indonesia's hike of more than 30% in administered fuel prices, announced on 17 November, provides a clear, positive signal of the ...
Wednesday, 19 November 14
CAPES WERE UNDER PRESSURE; LOST 20% WITHIN A WEEK
COALspot.com: " The negative environment in which the week prior ended, marked this past week as well, which closed off on Friday noting the f ...
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- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Mercator Lines Limited - India
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