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Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
 Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal and Energy Board (TCEB) has approved four Thar coal reserves projects to generate up to 2,450 megawatt (MW) power, whose capacity would be increased up to 10,000 MW by year 2020, to meet the growing energy needs of the country.
This was decided in the fourth TCEB meeting, presided over by Sindh Chief Minister Syed Qaim Ali Shah at the Chief Minister House here on Saturday.
Addressing a joint press conference at the Chief Minister House, Qaim Ali Shah, Minister for Water and Power Raja Pervez Ashraf and Finance Minister Shaukat Tarin said the Planning Commission (PC) would set up 50 MW underground gasification plants, to be completed within a year by using “indigenous technology” with help of nuclear scientist Dr Samar Mubarakmand.
They said the Engro would set up a 1,000 MW power plant, which would be a joint venture of the Sindh government and the Engro.
They said Pepco would establish a 1,000 MW gasification plant. A private firm, Coujar, would also set up a 400 MW gasification plant, they added.
Tarin said both the federal and provincial governments would invest Rs 80 billion on infrastructure development in Thar in two to five years to facilitate investors for utilising 185 billion metric tonnes of coal there. He said diesel and fertiliser could also be made through underground gasification.
Qaim said initially, they had “reservations” over the gasification plants, but in the Saturday’s meeting, Dr Samar gave a satisfactory presentation. He said the PC would set up a pilot project of 50 MW through gasification, which would be followed by other such plants.
He said these projects would not only be beneficial for Sindh, but the country as well, as it would bring income, generate employment and improve the overall economy. He said infrastructure facility like water and airport and others would be provided to the investors.
Pervez Ashraf said these power projects would help overcome electricity crisis and fill a gap between demand and supply. He said another challenge before the government was to provide electricity at affordable rates. He said power generated through coal would cost Rs 2-3 per unit, while at present, its cost was Rs 8-9 per unit.
He said the purpose was to meet energy needs of the country, which would be increased up to 54,000 MW by year 2015. He said apart from utilising coal reserves, Ecnec approved recently construction of the Bhasha Dam for identical purpose.
He regretted that 185 billion metric tonnes of coal was not utilised in the past because of “different reasons.” He expressed the hope that the Thar coal reserves would “turn around” the economy of the country.
Tarin said work on transmission line of 5,000 MW would be started immediately, while within two-three years, work on 5,000 MW power would be started to generate 10,000 MW by year 2020.
He lamented that share of coal in the energy sector was negligible at present, though 48 per cent of the energy in the world was generated through coal, while its share in China’s energy stood at 70 per cent, and 54 per cent in India. He said the Thar coal reserves were put in “cold storage”, while its value was equal to oil resources of both Saudi Arabia and Iran. He said Thar had good quality of coal, from which up to 100,000 MW power could be generated for 200-300 years. “Today, we have taken the first step,” he said, adding that it was their first priority. He said the Engro would increase the capacity of its power plant up to 4,000 MW within the five to six years, while the capacity of 50 MW gasification plant would be increased up to 1,000 MW within three years.
Similarly, Pepco and Coujar would also progressively increase the capacity of their power plants. He said they wanted to bring “sanity” in the escalating prices of energy by utilising coal and initiating wind and solar energy projects in the future.
Answering a question, Qaim said it was a dream of slain Benazir Bhutto, who had initiated a project to generate 8,000 MW power within five-seven years during her tenure.
Source:The News
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Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...
Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
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- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
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