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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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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
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