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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
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Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
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- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
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- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
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