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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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Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless  ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
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- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
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