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Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
  Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet the country’s growing appetite for thermal coal, according to Indian based Business-Standard.
With India looking to add another 75 Gigawatts (Gw, or 75,000 Mw) of thermal generation capacity by 2017, the coal requirement for the sector is reckoned at about 375 million tonnes per year at that point. However, according to KPMG estimates, only about half of this can be fulfilled by domestic producers, meaning India will have to import between 150-180 mt annually.
So, Indian power majors — including NTPC, Tata Power, Reliance Power and the Adani Group — have begun scouting abroad for coal assets. State-run Coal India has also expressed its intention of making foreign purchases.
Although targets have included South Africa, Australia, the US and Indonesia, the last option has emerged as a favourite for almost all domestic power companies in the fray.
Only a handful of firms have picked up thermal coal assets elsewhere. There is, for instance, Adani Group’s recent $2.8 billion (Rs 13,500 crore) purchase of the Galilee Basin coal tenement in Australia, and JSW Energy’s show of intent for acquiring 70 per cent stake in South Africa-based Indian Ocean Mining.
Why Indonesia
A greater concentration of Indian companies, though, remains in Indonesia. But what makes Indonesia — the world’s largest thermal coal exporter — such an attractive hunting ground for large power sector players from India, the world’s fastest growing coal importer?
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“ Indonesian coal assets are valued by Indian companies because their coal, typically, lower grade coals containing very low ash and sulphur content, blending easily with high ash Indian coals” - Tata Power
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“The main consideration is to get the lowest possible delivered cost of coal to a power plant. The pit head value of sub-bituminous thermal coal is less than the freight cost. That’s why you have to make sure the freight cost is kept low. From this perspective, procuring from Indonesia is an advantage,” explains Harsh Mishra, president and chief of corporate planning at the Adani Group.
The country’s largest coal importer, it owns a 6-million tonne per annum (mtpa) mine in Indonesia. Last month, it committed an additional $1.65 billion (Rs 7,700 crore) investment to undertake a port and rail project in Indonesia’s Tanjung Enim region, which will give the company access to 35 mtpa from the mines of PT Bukit Asam.
Tata Power, the country’s largest integrated private sector power utility, in an emailed statement said the “shortest transportation distance to India among all coal exporting countries” was a factor in attracting substantial domestic investments. In 2007, it had taken a 30 per cent stake in two of Indonesia’s largest mines — PT Kaltim Prima Coal and PT Arutmin Indonesia — for about $1.1 billion (Rs 5,100 crore), in part to secure supplies for its Indian power generation plans.
Indonesian coal assets are also valued by Indian companies because their produce, typically, lower grade coals containing very low ash and sulphur content, blending easily with high ash Indian coals, according to Tata Power.
Source: Business-Standard
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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
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