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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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Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
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- Vijayanagar Sugar Pvt Ltd - India
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- Indo Tambangraya Megah - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Africa Commodities Group - South Africa
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- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
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- Australian Coal Association
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- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
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- ICICI Bank Limited - India
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- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
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- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
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- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
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- MS Steel International - UAE
- Indian Oil Corporation Limited
- The Treasury - Australian Government
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- PNOC Exploration Corporation - Philippines
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- Planning Commission, India
- Altura Mining Limited, Indonesia
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- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
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- Central Electricity Authority - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Parliament of New Zealand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
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- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
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- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
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- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
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- White Energy Company Limited
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- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
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- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
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