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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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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
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- The University of Queensland
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- London Commodity Brokers - England
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- Trasteel International SA, Italy
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- Salva Resources Pvt Ltd - India
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- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
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- The State Trading Corporation of India Ltd
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- Madhucon Powers Ltd - India
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- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
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- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
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- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- GMR Energy Limited - India
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- Aditya Birla Group - India
- Medco Energi Mining Internasional
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- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
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- SMC Global Power, Philippines
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- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
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- Central Electricity Authority - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
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- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
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- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
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- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
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- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
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- Wilmar Investment Holdings
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- Deloitte Consulting - India
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- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
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- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
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- Orica Australia Pty. Ltd.
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- The Treasury - Australian Government
- Central Java Power - Indonesia
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- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
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- Global Green Power PLC Corporation, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
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- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
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- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- MS Steel International - UAE
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
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- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
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