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Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply plan is envisaged at 573.42 Million Tonnes with a demand-supply gap of 82.89 Million Tonnes. For 2011-12, the terminal year of 11th plan, against all India demand of coal of 713.24 Million Tonnes, supply plan has been projected to be at 629.91 Million Tonnes with a demand- supply gap of 83.33 Million Tonnes. This was stated by Minister of State for Coal, Shri Sriprakash Jaiswal in reply to a question in Rajya Sabha Today, as reported by PIB, India.
He said that in respect of Steel sector, against All India coking coal demand of 50.51 Million Tonnes and 68.50 Million Tonnes respectively during 2010-11 and 2011-12, availability from indigenous sources is envisaged to be 17.92 Million Tonnes and 26.02 Million Tonnes respectively resulting in a demand supply gap of 32.59 and 42.48 Million Tonnes respectively.
In respect of Power Utility sector, against All India demand of 442 and 473 Million Tonnes in 2010-11 and 2011-12 respectively, availability from indigenous sources is envisaged at 389.57 Million Tonnes for 2010-11 with demand supply gap of 52.43 Million Tonnes in 2010-11.
The Minister informed that the major actions that are being taken by CIL to make-up the short fall in coal production from its mines are as under:
· CIL has identified 142 new projects during XI Plan period the ultimate capacity will be 380.22 Mt. Out of 142 identified projects, 76 projects have been approved so far, and the expected contribution from these new projects will be 110.95 Mt in the terminal year of XI Plan (2011-12)
· Few high capacity underground mines have been identified for development and Operation through state- of-the- art technology.
. Restart mining operations in a few abandoned mines belonging to three of its subsidiaries namely ECL, BCCL and CCL with appropriate technology forming JV with reputed mining companies.
. Acquisition of mining stake abroad through SPV/Coal Videsh Wing of CIL
. Up gradation to high capacity equipment matching with bench height and stripping ratio.
Source: PIB
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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- Bayan Resources Tbk. - Indonesia
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- Indian Energy Exchange, India
- Australian Coal Association
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- Global Business Power Corporation, Philippines
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- Power Finance Corporation Ltd., India
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- TeaM Sual Corporation - Philippines
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- Eastern Coal Council - USA
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- Ministry of Finance - Indonesia
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- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
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- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
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- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Bhatia International Limited - India
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- MS Steel International - UAE
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- Mercator Lines Limited - India
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- Africa Commodities Group - South Africa
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- Coal and Oil Company - UAE
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- Mjunction Services Limited - India
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- New Zealand Coal & Carbon
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- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
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- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
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- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
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