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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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Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Planning Commission, India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- PTC India Limited - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
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