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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, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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- Sarangani Energy Corporation, Philippines
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- The Treasury - Australian Government
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- Renaissance Capital - South Africa
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- Singapore Mercantile Exchange
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- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
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- Economic Council, Georgia
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- The University of Queensland
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- Global Coal Blending Company Limited - Australia
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- Gujarat Sidhee Cement - India
- Planning Commission, India
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- Parliament of New Zealand
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- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Romanian Commodities Exchange
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- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
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- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
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- Neyveli Lignite Corporation Ltd, - India
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- New Zealand Coal & Carbon
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- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
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- The State Trading Corporation of India Ltd
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- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
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- Baramulti Group, Indonesia
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