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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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Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...
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- Maheswari Brothers Coal Limited - India
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- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
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- Australian Coal Association
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- Toyota Tsusho Corporation, Japan
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- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
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- Latin American Coal - Colombia
- Planning Commission, India
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- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
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- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
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- Siam City Cement - Thailand
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- Energy Link Ltd, New Zealand
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- Maharashtra Electricity Regulatory Commission - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
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- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
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- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
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- Price Waterhouse Coopers - Russia
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- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
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- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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- Central Electricity Authority - India
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- Bukit Asam (Persero) Tbk - Indonesia
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- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Trasteel International SA, Italy
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- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
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- Commonwealth Bank - Australia
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- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
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- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
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- TeaM Sual Corporation - Philippines
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- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
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- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Marubeni Corporation - India
- The Treasury - Australian Government
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- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
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- Sindya Power Generating Company Private Ltd
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- Baramulti Group, Indonesia
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- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
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- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
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- Ind-Barath Power Infra Limited - India
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- Medco Energi Mining Internasional
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