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Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise in domestic demand, stoked by power firms, a senior company official said on Thursday.
India has 10 percent of the world's coal reserves, the biggest after the United States, Russia and China, but its coal imports have grown rapidly from almost nothing five years back as power utilities ramp up capacity.
The share of coal-fired plants in India's total installed power generation capacity will rise to 57 percent by March 2012 from the current 53.3 percent or 80,283.88 megawatts, a recent report by PricewaterhouseCoopers has said.
Coal India plans to import 4 million tonnes of the fuel this year, Marketing Director A. Sarkar told reporters.
He said India's port, road and rail infrastructure needed to be boosted as the country's current capacity could not handle the rising import volumes.
Sarkar said Coal India was considering buying overseas projects to secure 12 million tonnes of coal by 2012.
He said delay in obtaining necessary clearances for mining was a major hurdle in achieving its production target.
He said the company might miss its production target of 520 million tonnes by 2012.
The target might fall short by 33-34 million tonnes due to procedural delay in getting environment and other clearances.
The company aims to produce 435 million tonnes of coal by March 2010.
Source:Reuters
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Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
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- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- The University of Queensland
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
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