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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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Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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 a ...
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- Holcim Trading Pte Ltd - Singapore
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- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
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- Rio Tinto Coal - Australia
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- Chamber of Mines of South Africa
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- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
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- White Energy Company Limited
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- Kumho Petrochemical, South Korea
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- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
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- Marubeni Corporation - India
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- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
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- Xindia Steels Limited - India
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- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Romanian Commodities Exchange
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- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
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- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
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- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
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- Bhatia International Limited - India
- Australian Coal Association
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- Planning Commission, India
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- Heidelberg Cement - Germany
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- Tamil Nadu electricity Board
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- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Mercator Lines Limited - India
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- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
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- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
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- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
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- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
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- Singapore Mercantile Exchange
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- London Commodity Brokers - England
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- Price Waterhouse Coopers - Russia
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- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
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- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- GMR Energy Limited - India
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- Global Coal Blending Company Limited - Australia
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- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
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