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Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal to 28 million tonnes from 25 million tonnes envisaged earlier.
Mr H S Brahma power secretary told reporters we are planning to double the import quantity in the next financial year. He added that "The coal import target for the current financial year is now 28 million tonnes and 53 million tonnes for fiscal 2010-11.”
The ministry had earlier said that the state power utilities and electricity boards would import 25 million tonnes of their total dry fuel requirement during the current financial year. Of the targeted quantity of 28 million tonnes for this fiscal, power generator NTPC has bee n assigned the task of sourcing 12.5 million tonnes. The total fuel requirement of the company for the current fiscal stands at 125 million tonnes.
Mr Brahma said that "Of the 28 MT NTPC would import 12.5 million tonnes. It has already imported 9 MT and the remaining would be imported by the fiscal end.” He added that the current installed power generation capacity of the country stands at 153000 MW out of which coal based t hermal power comprises over 50% capacity at 81000 MW.
Meanwhile, Coal India which plans to import 4 million tonnes of the fuel is still awaiting orders from the power companies for shipping the raw material.
Source: PTI / Steel Guru
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Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of En ...
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