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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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- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
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