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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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- Wood Mackenzie - Singapore
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- Merrill Lynch Commodities Europe
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- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
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- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Australian Coal Association
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Planning Commission, India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- The Treasury - Australian Government
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