We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
.jpg) Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s expected demand, leading to a twofold increase in imports, KPMG said.
Electricity generators are likely to add 75 gigawatts of capacity, which will require an additional 375 million tons a year of coal, only half of which will be met by domestic production based on current trends, said Arvind Mahajan, executive director at KPMG Advisory Services Pvt. The world’s third-fastest growing major economy generates more power from thermal coal than any other fuel.
“That leaves a gap of 189 million tons, some of which will need to be covered though improvements in the domestic coal sector,” Mahajan said by telephone from Mumbai. “There will be a significant gap that will need to be covered through imports.”
Imports may rise to as much as 150 million tons per year, he said. That would be 250 percent above the amount India was estimated to have imported in the fiscal year ended March 30 by N.C. Jha, a director at Coal India Ltd., the nation’s monopoly producer.
India has traditionally looked to Indonesia for imports. Rising domestic demand there and the large volumes involved are prompting Indian companies to look further afield at mines in Mozambique, Botswana and Australia, Mahajan said.
“Indian companies have an advantage in that they’re looking for lower-quality coal,” which other importers in Japan, South Korea and Europe with older plants can’t use, he said.
Buying Overseas
Private power companies, including Tata Power Co., Reliance Power Ltd., GMR Infrastructure Ltd. and JSW Energy Ltd., have acquired coal assets overseas in Indonesia and South Africa. NTPC Ltd., the state-run utility and country’s biggest generator, plans to buy mines overseas to source 67 percent of its imports, Chairman R.S. Sharma said by telephone on July 14.
South Africa and Colombia, which last year were the biggest exporters of steam coal to countries with ports on the Atlantic Ocean, are also boosting shipments to India where they get better prices.
Steps can be taken to increase India’s domestic production by as much as 80 million tons a year with better machinery and by developing deeper and new mines, Mahajan said.
India is increasingly forced to import, “not for the want of reserves. It’s the speed at which we’re developing them,” he said. Commercializing a mine can take 15 years, three times longer than in other countries, he said.
Poor infrastructure to transport coal and an inefficient supply chain is also unnecessarily boosting imports because power stations are unable to count on reliable, on-time deliveries locally and forced to secure their own supplies from elsewhere, Mahajan said.
India’s annual coal output is 535 million tons, Alok Perti, additional secretary to the coal ministry, said on July 7. The government aims to expand current installed power capacity by 77 percent to 286,756 megawatts by the end of the financial year ending March 2017, according to the Planning Commission.
Source: Bloomberg
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
|
|
|
Showing 6171 to 6175 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
|
| |
| |
|
