We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
 Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominated by the two state run big companies NTPC (for generation) and BHEL (for equipment manufacturing).
However, a gradual shift is taking place with private players looking to play a bigger role in the country’s electricity generation business. Today, India has about 150,000 megawatts of electric generation capacity. By 2017, the government hopes to more than double capacity to some 330,000 MW, of which some 30% could be owned by private power producers. And while India’s stance toward private investment in the electric sector has changed, it’s stance toward coal has not, and that fact will have a major effect on any attempts at reaching a global consensus on carbon dioxide emission limits.
When it comes to electricity, India lags far behind much of the rest of the world and it aims to change that fact. That message was made clear by none other than Rajendra Pachauri, an Indian academic who chairs the UN’s Intergovernmental Panel on Climate Change. In July, Pachauri asked reporters “Can you imagine 400 million people who do not have a light bulb in their homes?” And he went on to explain where India was going to be getting its future power: “You cannot, in a democracy, ignore some of these realities and as it happens with the resources of coal that India has, we really don't have any choice but to use coal.”
The Indian government is pinning much of its coal-fired hopes on “ultra-mega power plants” (UMPPs). It is planning 13 UMPPs, each of which will have 4,000 MW of capacity. Industrialized provinces such as Gujarat, Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra are expected to benefit from the construction and operation of the giant new projects. And the World Bank has helped provide some of the funding. In April, it provided a $450 million loan for a UMPP being built by Tata Power.
The government’s UMPP effort is attracting plenty of capital. Energy firms are expected to raise over $3 billion from initial share offerings over the next year or so. They include JSW Energy, Jindal Power, Indiabulls, Sterlite, GMR Energy, Adani Power, Essar Power, Usher Eco Power and Bhilwara Energy. Reports indicate proposed or new joint ventures of Indian firms with Mitsubishi, JSW and Toshiba, Bharat-Forge and Alstom SA (France), and Ansaldo Caldaie (Italy).
Gaps in the supply of power generation equipment are being plugged by BHEL and by private engineering firm L&T, which has been inundated with new orders. L&T’s chairman, A. M. Naik, recently said that his company’s order backlog has increased about 20-fold over the past two years. L&T is setting up a gas-fired power plant at Andhra Pradesh. It has also begun looking for new sources of coal in Indonesia and Australia. Furthermore, it hopes to become a major supplier to India’s nuclear power sector.
Among private power players, R-Power, headed by Anil Ambani, has shown early success. In early 2008, it raised nearly $3 billion via a direct public stock offering. It has announced projects with some 35,000 MW of capacity. Of that amount, some 3,000 MW is expected to be commissioned by 2012 and the rest by 2017. The firm is also in talks with Australian, Brazilian, American and UK mining firms for coal supplies.
Tata Power is investing nearly $4.5 billion on some 5,500 MW of capacity that is expected to be online by 2012. Most of that will come from a UMPP that is building in Gujarat state. Tata expects to be generating about 12,000 MW by 2014. Its fuel supplies are to be sourced from coal mines in Indonesia.
Essar Power is investing about $4 billion on 6,000 MW of new capacity, all of which is expected to be online by 2012. And once again, coal is the preferred fuel, with mines in Australia, Mozambique and Indonesia expected to provide the needed supplies.
As the Copenhagen climate talks approach, India’s push for UMPPs, and the coal it will need to fuel them, provide an interesting counterpoint to the belief that reducing global carbon emissions can be achieved quickly or easily.
Source:Energy Tribune
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
|
|
|
Showing 6251 to 6255 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
|
| |
| |
|
