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Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent next year, from 5 million tonnes this year, due to strong Indian demand, the firm's founder president said.
The firm is also seeking to buy new mines in Indonesia to secure coal supply for its new power plant, which is expected to start operation in 2012, Ahmed Buhari said late on Thursday.
"There's going to be more imports in the next 3-4 years, because of a slowdown of coal production and expansion of power capacity in India," Buhari told reporters on the sidelines of the opening ceremony at C&0's new office in Jakarta.
"We expect to export 5 million tonnes of Indonesian coal this year and next year it will increase by at least 20 percent," he said.
India's coal imports have grown rapidly from almost nothing five years ago to a projected 70 million tonnes in the next fiscal year. Imports will continue to rise fast over the next 10-15 years because domestic supply cannot meet demand.
Privately-owned C&O, founded by Buhari in 1998, is one of the key players in the subcontinent. The company sells more than 6 million tonnes of imported coal a year and has supply agreements with major producers in Indonesia, South Africa and Australia.
The firm also plans to invest around $300 million within the next 3-5 years to buy mines in Indonesia as it seeks to secure coal supply for its 1,200-MW coal-fired power plant in Tuticori in Tamil Nadu at southern India, Buhari said.
"We are looking at buying (new mines), joint-venture, financing and offtake agreements, anything," he said.
The power plant is designed to use low-quality Indonesian coal.
The firm is currently in talks with a number of Indonesian coal miners for possible joint-venture agreements, but Buhari declined to give details With the new power plants and growing demand, C&O expects to import 20 million tonnes of coal within the next 5 years, with Indonesian coal accounting for 70-80 percent, he said.
Source: Reuters
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Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
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- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
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