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Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
 China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity Corp aims to increase its annual coal output to 20 million tons this year.
The company, a subsidiary located in Hulunbuir, Inner Mongolia autonomous region under China's leading power generator Huaneng Group, now has an installed capacity of 2,200 mW. It currently can produce 15 million tons of coal each year.
"Using coal all produced by ourselves, we have reduced our cost a lot," said Yin Long, general manager of Huaneng Yimin.
The company also sells some amount of coal to other power companies. It is also planning for its own coal-to-gas and coal-to-chemical projects to further diversify its business portfolio, said Yin.
Rising coal prices have always been a headache for China's power generators. Last year because of the sharp rise in coal prices major power companies all incurred losses in their power generation business.
Coal-fired power accounts for over 70 percent of China's total power generation. The country's main power companies have all accelerated their development of coal mine projects.
For instance, Datang International Power Generation Co, the listed arm of China Datang Corp, earlier said it aims to get 50 percent of its profit from sources other than electricity in the next decade, including fuel production.
Projects such as coal and coal-to-chemicals production may account for half of the company's profit by 2015, Cao Jingshan, president of the country's second-largest power producer, told reporters earlier this month.
Some analysts believe that development of more coal-power joint projects is an inevitable trend in the industry. "With a foothold in coal production, the upstream of power generation business, companies can reduce their risks," said Li Chaolin, coal analyst.
"With more coal mine assets in hand, power companies can have a stronger say when they bargain with coal producers for prices," he said.
China's five major power companies have all quickened their pace in taking coal mine assets in northwestern China, especially in Inner Mongolia and Xinjiang Uygur autonomous regions, he added.
However, some analysts said this could lead to an overcapacity in the power industry.
"In some areas there has already been an overcapacity in power generation. I am worried more such projects will make the situation worse," said an industry insider who declined to be named.
China's power consumption in July rose 6 percent to 342 billion kWh over the same month of last year, said China's National Energy Administration (NEA). The figure was 10.9 percent more than that of June, NEA said.
China's coal production continued to ease in the first half of this year on flat domestic demand amid the economic slowdown.
Crude coal output increased 8.7 percent year-on-year to 1.36 billion tons in the first six months, but 6.1 percentage points lower than the same period a year ago, data released by the National Development and Reform Commission has shown.
Source: China Daily
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Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...
Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Kore ...
Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said
L ...
Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...
Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...
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- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Romanian Commodities Exchange
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- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
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- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Semirara Mining Corp, Philippines
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- Aboitiz Power Corporation - Philippines
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- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
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- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Australian Coal Association
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
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