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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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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
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- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Australian Coal Association
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- PTC India Limited - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
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