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Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the current fiscal year, D.C. Garg, chairman of the company's subsidiary Western Coalfields Ltd told Reuters.
The country's demand for coal is rising, particularly from the steel and the power sectors which are expanding capacity, but domestic coal output targets are being scaled down because of delays in several projects.
"Demand will come out strongly," Garg said.
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“India's coal imports may rise to 50 million tons in 2011/12 from about 30 million tones as demand from steel plants is expected to rise” - D.C. Garg
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On Tuesday, Coal India, the country's largest coal producer, said it would miss its output target for the financial year that ends on March 31, and would scale down its output target for 2011/12 due to delayed projects.
Garg said India's coal imports may rise to 50 million tonnes in 2011/12 from about 30 million tonnes as demand from steel plants is expected to rise in step with capacity expansion.
Coal shortages have hit India's power output and firms such as the National Aluminium Corp have faced precariously low stocks of the fuel.
India's power generation in December grew 5.45 percent, but would have grown 6.5 percent if adequate coal was available at plants of NTPC Ltd
Source: Reuters
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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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- London Commodity Brokers - England
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- Coalindo Energy - Indonesia
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- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
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- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
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- Merrill Lynch Commodities Europe
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- Global Coal Blending Company Limited - Australia
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- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
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- Bharathi Cement Corporation - India
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- India Bulls Power Limited - India
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- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
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- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
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- Global Business Power Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
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- Binh Thuan Hamico - Vietnam
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- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
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- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
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- Bangladesh Power Developement Board
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- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
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- VISA Power Limited - India
- The University of Queensland
- Planning Commission, India
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- Australian Commodity Traders Exchange
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- Heidelberg Cement - Germany
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- Semirara Mining and Power Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
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- Central Electricity Authority - India
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- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Formosa Plastics Group - Taiwan
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- Essar Steel Hazira Ltd - India
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- Indonesian Coal Mining Association
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- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
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- Independent Power Producers Association of India
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- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Parliament of New Zealand
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- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
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- McConnell Dowell - Australia
- Economic Council, Georgia
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- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
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- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
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- Alfred C Toepfer International GmbH - Germany
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- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
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