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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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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- CNBM International Corporation - China
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
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