We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
 Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdles if Indonesia, the second largest supplier of thermal coal, goes ahead with plans to cap coal exports to serve domestic demand.
Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, Indonesia, said last week that the government proposes to cap coal exports at around 150 million tonnes (mt) a year in a bid to guarantee supplies for domestic power plants. This will be part of domestic market obligation regulations that will come into effect this year.
That’s bad news for at least a third of the upcoming Indian power projects that hope to run their plants using imported coal, mainly from Indonesia. Leading power sector players such as Tata Power, Reliance Power and GMR Energy have already acquired coal mines in Indonesia. In the last two years, almost all power project developers like state-owned National Thermal Power Corporation (NTPC), Essar Power, Adani power, JSW Energy, Indiabulls Power and Lanco Infratech are scouting for coal mines in Indonesia, to fuel some of their proposed power projects.
Two of the four 4,000 Mw ultra mega power projects (UMPP)s awarded by the government — Mundra of Tata Power and Reliance Power's Krishnapatanam, are entirely dependent on imported coal.
"It is estimated that developers of about 25,000 Mw of proposed power projects are planning to import coal from that country. This is expected to go up when more power projects come up," said Sanjay Sethi, executive director, Kotak Investment Banking.
Indonesia, which is expected to soon topple Australia as the largest coal exporter, is the most preferred destination for Indian players for its proximity to the country, which means lower freight charges.
The quality of Indonesian coal is also much better than Indian coal. The calorific value (which means production of energy) of Indonesian coal ranges between 5,000 and 6,000 kilo calories per kilogram (kcl/kg); for Indian coal it is only 3,000-3,500 kcl/kg.
Companies are, however, playing down the problem. "Out of our entire portfolio of about 34,000 Mw of power projects, only the Krishnapatanam UMPP is dependent on imported coal. It requires only 13 to 14 mt a year and the impact will be minimal," said a top Reliance Power executive. The Anil Dhirubhai Ambani Group (ADAG) company had acquired three coal mines in Indonesia with total reserves of two billion tonne.
Tata Power, which owns 30 per cent in Indonesian coal major Bumi Resources, is planning to use imported coal for the Mundra UMPP and the 2,400 Mw Dehrand power project in coastal Maharashtra. Its plans are to source 10.1 mt a year with 20 per cent plus or minus every year from Bumi Resources.
“We have to wait and watch the move, as this may force Indian companies to focus more on other coal markets such as Mozambique, South Africa or Australia. Our capacity addition programme is not mainly dependent on imported coal,” said R V Shahi, former Union power secretary and one of the architects of India's ambitious capacity addition plans.
An Essar Power spokesperson said out of the 4,650 Mw of projects in its basket, only a 1,200 Mw power project coming up in Gujarat is dependent on imported coal. “We are exploring various countries, including Indonesia, to get fuel linkage for this project,” he said.
The Indian power sector is expected to face a shortage of 74 mt of coal by 2012, according to data from the Central Electricity Authority (CEA).
The Indian power sector is expected to face a shortage of 74 mt of coal by 2012, according to data from the Central Electricity Authority. The shortage during the current fiscal may be about 40 mt as Coal India is expected is supply less than 300 mt, during the current fiscal.
Out of the 78,700 Mw capacity addition target under the 11th plan, close to 59,700 Mw is to come from thermal power sector.
Indonesia’s demand for coal will increase significantly in the coming years as power plants from the government’s 10,000 Mw electricity crash program would begin operations by 2011.
Indonesia’s coal production this year is targeted at 230 mt and of this as much as 161.5 mt are up for exports to various countries, mainly to India and China, said the Indonesian official.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
|
|
|
Showing 6296 to 6300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
|
| |
| |
|
