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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian economy expands at a fast clip.
New steel and cement industries coming up in India are also hungry for the 'black gold', pushing up its imports. Here are some facts, projections and issues surrounding India's coal industry:
Basic facts
India produced 492.95 million tonnes of coal in 2008/09, up 7.8% from 457.08 million tonnes in the previous year. Imports of coal were 59 million tonnes in 2008/09, against 49.7 million tonnes in the previous year.
Coking coal, used mainly in steel, is mostly imported from Australia. Non-coking coal that is consumed by power and cement is imported from Indonesia and South Africa.
| “India produced 492.95 million tons of coal in 2008/09 and imported 59 million tons coal in 2008/09, against 49.7 million tons in 2007/2008” |
There are 556 coal mines in India, mostly owned by the government and located primarily in east and south central regions of the country. State-owned Coal India Ltd, with its 7 subsidiaries, is the largest miner holding 75% of India's coal market.
Projections, Issues
India's coal production is expected to reach 675 million tonnes by 2012, with 459 million tonnes available for power firms. Coal imports will continue to get bigger with acquisitions and collaborations seen with coal mines in Australia, Indonesia and Mozambique.
Import requirement is seen at 135 million tonnes by 2012, but it may be hampered by congested ports and problems of rail linkages from ports to plants.
SOURCES: Ministry of Coal, Coal India Ltd, Karvy Stock Broking.
Source: moneycontrol
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Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
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- Altura Mining Limited, Indonesia
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- New Zealand Coal & Carbon
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- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
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- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
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- Economic Council, Georgia
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- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
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- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
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- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
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- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
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- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
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- Africa Commodities Group - South Africa
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- GAC Shipping (India) Pvt Ltd
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- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Planning Commission, India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
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- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- The University of Queensland
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- White Energy Company Limited
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
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- Toyota Tsusho Corporation, Japan
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- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
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- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
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- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
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- Thiess Contractors Indonesia
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- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
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