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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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Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
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- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
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