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
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



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

Recent News

Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...


Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...


Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...


Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...


Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...


   1301 1302 1303 1304 1305   
Showing 6511 to 6515 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 ...

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