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Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
 Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the exploration blocks of Tharparkar district in Pakistan's southern province Sindh, local media reported "The technical and economic feasibility report of the project proved that the coal was good enough to generate power, brushing aside the common perception that it could not be used in power plants because of high moisture content," said Khalid Mansoor, chief executive officer of Engro Energy.
"We have the report and it has established that this coal is economically, socially and commercially exploitable," he added.
The feasibility report prepared by multiple foreign consultants, including German RWE and English mining experts SRK, is the first document significant enough to convince banks on financing the project, he said.
According to sources, the total cost of constructing the open- pit mine and power plant will be around 1.5 billion U.S. dollars for open-pit mining.
Coal will be excavated in different phases, starting with 6.5 million tons a year and going up to 13 million tons.
Depletion of gas reserves, in the past couple of years, has compounded the energy crisis in the country. Production of natural gas, which accounts for 47 percent of the total energy needs, is almost 25 percent short of the actual requirement.
One of the world's largest coal reserves exist in Tharparkar district of Sindh. But excavation has remained elusive since the discovery of over 185 billion tons of reserves in early 1990s.
Experts and power industry officials are unanimous on the importance of using indigenous coal to generate electricity. The country is facing daily shortfall of around 4,000 MW.
Source: Xinhua / Hellenic Shipping
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Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
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- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
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