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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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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- Siam City Cement PLC, Thailand
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- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
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- Parliament of New Zealand
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- Asmin Koalindo Tuhup - Indonesia
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- Mjunction Services Limited - India
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- Energy Link Ltd, New Zealand
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- Romanian Commodities Exchange
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- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
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- Australian Commodity Traders Exchange
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- Bhatia International Limited - India
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- Energy Development Corp, Philippines
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- Heidelberg Cement - Germany
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- Ceylon Electricity Board - Sri Lanka
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- Petrochimia International Co. Ltd.- Taiwan
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- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
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- Siam City Cement - Thailand
- The University of Queensland
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- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
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- Indogreen Group - Indonesia
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