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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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Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
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- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Planning Commission, India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- PTC India Limited - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
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