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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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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
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- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Australian Coal Association
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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