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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, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
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- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- PTC India Limited - India
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