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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, 23 March 09
STRAITS TO SELL STAKE IN COAL ASSETS TO PTT -THEAUSTRALIAN.NEWS.COM
STRAITS Resources will sell a 60 per cent stake in its Indonesian coal assets to Thailand's PTT International Co. for $US335 million.
The transa ...
Monday, 23 March 09
BMA TAKES 60 PCT CUT IN JAPAN COKING COAL PRICE-CITI - REUTERS
BHP Billiton Mitsubishi Alliance (BMA), the world's top coking coal exporter, has agreed to accept a discount of around 60 percent for the steel-ma ...
Sunday, 22 March 09
SHENHUA ENERGY'S 2009 COAL PRODUCTION MAY GAIN 8% - BLOOMBERG
China Shenhua Energy Co., the nation’s biggest coal producer, may increase production of the energy fuel by about 8 percent this year, slower ...
Friday, 20 March 09
INDONESIA ORDERS TEMPORARY HALT AT BAYAN COAL MINE - REUTERS
Indonesia has ordered a coal mining unit of PT Bayan Resources to temporarily stop production for operating outside approved areas, a government off ...
Friday, 20 March 09
COKING-COAL PRICE STRUCK AT $115-$125, CITIGROUP SAYS - BLOOMBERG
BHP Billiton Ltd., the world’s largest miner, agreed with Nippon Steel Corp. to benchmark coking coal prices of $115 to $125 a metric ton, Cit ...
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- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
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