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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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Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
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- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- White Energy Company Limited
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