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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, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
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- The Treasury - Australian Government
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
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