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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, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
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