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Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
 COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice President (Operations & Marketing) of Coastal Energy Private Limited, India during two-day International Conference, Indian coal preparation Industry – challenges and opportunities, organized by Indian Coal Preparation Industry yesterday in Delhi.
According to Lakshmi, India will produce approximately 620 million MT of coal in 2011 – 2012 fiscal years where’s the demand for the coal will expecting to reach around 730 MMT. The gap between production and demand would be around 100 – 110 million tons by 2012.
“coal Imports and blending with Indian coal is the only solution”, to overcome coal shortage problem in India on long term view.
“The current Indian installed capacity is around 164,839 MW as of ending September 2010 and an another 78,000 MW capacity is expected to be installed by 2012”, he further said during his presentation. Out of 164,839 MW of installed capacity, around 87,943 MW is coal based plants.
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Commensurate with the Government of India policy of POWER FOR ALL by 2012, many private investments are being channelized into power sector. As a result of new UMPPs / IPPs/MPP’s, the demand for coal has increased manifold. Domestic coal unable to fulfill the emerging demand and over dependence on imported coal is not at all advisable. In such situation “Blending at optimal levels a key solution for fuel & energy security of future of India”, Lakshminarayana concluded in his presentation.
Mr.V.P. Sinha, Jt. Mg Director of Gupta Corporation of India and Mr.R.B. Mathur , President (Coal), JSW Energy Ltd, dealt with the topic of economic aspects of washing coal and the challenges & remedies.
They opined that the current linkage of high ash domestic coal has to be washed/beneficiated thereby enhancing the Energy value and reducing the quantity of coal to be transported . By this method the pressure on infrastructure would come down and the available resources are put to best usage.
Mr.V.S.Verma, Member-Central Electricity Regulatory Commission of India, New Delhi acted as chairman of the technical session and stressed the need for maintaining the consistency in the coal quality /production and need to honor the contractual obligations of the Fuel supply agreements entered by coal India ltd and its subsidiaries.
He maintained that steady production throughout the year is the key to maintain quality instead of rushing in the sag end of the financial year to meet the targets, this attitude results in compromise in quality and erratic supplies.
The conference continues today in New Delhi (cs)
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Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- The University of Queensland
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
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