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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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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
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Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- The University of Queensland
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
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