COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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 economy to import more of the fuel on which it relies.

The coal shortage will be 104 million tonnes in the next fiscal to March 2012, Sriprakash Jaiswal said, a jump of 23.8% from the current year's estimate.

Delegates at a coal mining summit on Tuesday said difficulties over land acquisition, social and environmental hurdles and low investments would be a drag on output growth.

"The deficit will keep on increasing," said Vivek Ojha, vice president of Global Coke, a coking coal producer. "The resource that we have is not seeing that much development."

Coal Minister Jaiswal said in a statement to the summit which he did not attend that coal will continue to be a dominant resource for India.

"While India continues to produce a majority of the coal that it consumes, imports of coal are also rising at a fast pace, already contributing to over 10 percent of coal consumption," he said.

Share your coal and shipping news with COALspot.com



Availability of coal, which accounts for more than half of the country's power generation capacity, for the power sector was seen at 388 million tonnes in the current fiscal versus a requirement of 440 million tonnes, the minister said.

Way ahead

Participants at the summit said Indian miners would have to combine expansion at home and a search for assets overseas to keep coal availability up.

"India should have a continual thrust on underground mining," said D.N. Abrol, executive director raw materials at Jindal Steel & Power referring to the few underground mines the country has. "India should go more for bigger projects such as large cluster mining."

Miners need to give better incentives to attract young professionals and invest in technology, Ganesan Natarajan, director of Ennore Coke said.

India has set a goal of adding 62 gigawatts of generation capacity over a five-year period ending March 2012, with the bulk of that coal, in an attempt to reduce peak hour power shortages and provide electricity to millions of rural households.

But coal shortages have limited the power generation.

Jaiswal said India's projected coal demand for 2031-32 was about 2,500 million tonnes.

India is expected to import nearly 84 million tonnes in the current financial year, on top of local production of 572.37 million tonnes, Jaiswal told Reuters in an interview in September.
Source: Money Control



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...


Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...


Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...


Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...


   1002 1003 1004 1005 1006   
Showing 5016 to 5020 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Gresik Semen - Indonesia
  • WorleyParsons
  • Gujarat Sidhee Cement - India
  • KPCL - India
  • Rio Tinto Coal - Australia
  • SMC Global Power, Philippines
  • Bhushan Steel Limited - India
  • The Treasury - Australian Government
  • Intertek Mineral Services - Indonesia
  • Australian Coal Association
  • Indonesia Power. PT
  • Kepco SPC Power Corporation, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Fearnleys - India
  • Kumho Petrochemical, South Korea
  • SASOL - South Africa
  • Cargill India Pvt Ltd
  • Cemex - Philippines
  • Indorama - Singapore
  • Noble Europe Ltd - UK
  • World Bank
  • Borneo Indobara - Indonesia
  • Thomson Reuters GRC
  • SUEK AG - Indonesia
  • Clarksons - UK
  • GVK Power & Infra Limited - India
  • Maruti Cements - India
  • CCIC - Indonesia
  • Mechel - Russia
  • HSBC - Hong Kong
  • DBS Bank - Singapore
  • Agrawal Coal Company - India
  • Global Business Power Corporation, Philippines
  • Vitol - Bahrain
  • Jindal Steel & Power Ltd - India
  • Renaissance Capital - South Africa
  • Central Java Power - Indonesia
  • EIA - United States
  • Toyota Tsusho Corporation, Japan
  • IHS Mccloskey Coal Group - USA
  • Asmin Koalindo Tuhup - Indonesia
  • PowerSource Philippines DevCo
  • TGV SRAAC LIMITED, India
  • Semirara Mining and Power Corporation, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Coal Orbis AG
  • Maersk Broker
  • VISA Power Limited - India
  • Cosco
  • Gujarat Electricity Regulatory Commission - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Kobexindo Tractors - Indoneisa
  • Japan Coal Energy Center
  • SN Aboitiz Power Inc, Philippines
  • Wilmar Investment Holdings
  • Xstrata Coal
  • Larsen & Toubro Limited - India
  • TRAFIGURA, South Korea
  • Kartika Selabumi Mining - Indonesia
  • Siam City Cement - Thailand
  • KEPCO - South Korea
  • Cardiff University - UK
  • NTPC Limited - India
  • Meralco Power Generation, Philippines
  • Sree Jayajothi Cements Limited - India
  • Reliance Power - India
  • Merrill Lynch Bank
  • Leighton Contractors Pty Ltd - Australia
  • Uttam Galva Steels Limited - India
  • Sojitz Corporation - Japan
  • Miang Besar Coal Terminal - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Chamber of Mines of South Africa
  • Economic Council, Georgia
  • BNP Paribas - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bangladesh Power Developement Board
  • Lafarge - France
  • NALCO India
  • Rashtriya Ispat Nigam Limited - India
  • CNBM International Corporation - China
  • Jorong Barutama Greston.PT - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Mintek Dendrill Indonesia
  • IMC Shipping - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • EMO - The Netherlands
  • Thailand Anthracite
  • Kobe Steel Ltd - Japan
  • JPMorgan - India
  • Videocon Industries ltd - India
  • Simpson Spence & Young - Indonesia
  • Marubeni Corporation - India
  • Metalloyd Limited - United Kingdom
  • Heidelberg Cement - Germany
  • Britmindo - Indonesia
  • Samtan Co., Ltd - South Korea
  • Savvy Resources Ltd - HongKong
  • U S Energy Resources
  • UOB Asia (HK) Ltd
  • World Coal - UK
  • Barclays Capital - USA
  • Bhoruka Overseas - Indonesia
  • Cebu Energy, Philippines
  • Mercuria Energy - Indonesia
  • Salva Resources Pvt Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Eastern Energy - Thailand
  • Coal India Limited
  • Indian School of Mines
  • PetroVietnam
  • Dalmia Cement Bharat India
  • Bank of China, Malaysia
  • PNOC Exploration Corporation - Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Africa Commodities Group - South Africa
  • Inspectorate - India
  • CESC Limited - India
  • McKinsey & Co - India
  • ETA - Dubai
  • Parry Sugars Refinery, India
  • Directorate Of Revenue Intelligence - India
  • Runge Indonesia
  • SGS (Thailand) Limited
  • New Zealand Coal & Carbon
  • CIMB Investment Bank - Malaysia
  • Power Finance Corporation Ltd., India
  • Goldman Sachs - Singapore
  • Sindya Power Generating Company Private Ltd
  • Energy Development Corp, Philippines
  • Tata Chemicals Ltd - India
  • Attock Cement Pakistan Limited
  • Medco Energi Mining Internasional
  • Platou - Singapore
  • Commonwealth Bank - Australia
  • Lanco Infratech Ltd - India
  • Vedanta Resources Plc - India
  • Moodys - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Indika Energy - Indonesia
  • MEC Coal - Indonesia
  • Kideco Jaya Agung - Indonesia
  • SMG Consultants - Indonesia
  • PLN Batubara - Indonesia
  • Oldendorff Carriers - Singapore
  • Ambuja Cements Ltd - India
  • Adaro Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Surastha Cement
  • Merrill Lynch Commodities Europe
  • Iligan Light & Power Inc, Philippines
  • Banpu Public Company Limited - Thailand
  • Binh Thuan Hamico - Vietnam
  • Petron Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Samsung - South Korea
  • ICICI Bank Limited - India
  • Maheswari Brothers Coal Limited - India
  • Georgia Ports Authority, United States
  • GMR Energy Limited - India
  • Permata Bank - Indonesia
  • Ministry of Transport, Egypt
  • Deloitte Consulting - India
  • Cement Manufacturers Association - India
  • GB Group - China
  • Karaikal Port Pvt Ltd - India
  • Bhatia International Limited - India
  • Rudhra Energy - India
  • Geoservices-GeoAssay Lab
  • Indogreen Group - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Platts
  • Core Mineral Indonesia
  • Indian Oil Corporation Limited
  • Globalindo Alam Lestari - Indonesia
  • Australian Commodity Traders Exchange
  • TNB Fuel Sdn Bhd - Malaysia
  • Jaiprakash Power Ventures ltd
  • Bayan Resources Tbk. - Indonesia
  • Coalindo Energy - Indonesia
  • Edison Trading Spa - Italy
  • Adani Power Ltd - India
  • Aditya Birla Group - India
  • Central Electricity Authority - India
  • McConnell Dowell - Australia
  • Maybank - Singapore
  • Semirara Mining Corp, Philippines
  • Siam City Cement PLC, Thailand
  • Coastal Gujarat Power Limited - India
  • The India Cements Ltd
  • Price Waterhouse Coopers - Russia
  • Qatrana Cement - Jordan
  • Malco - India
  • UBS Singapore
  • Arch Coal - USA
  • ACC Limited - India
  • Star Paper Mills Limited - India
  • Ministry of Mines - Canada
  • Sarangani Energy Corporation, Philippines
  • Mitra SK Pvt Ltd - India
  • PLN - Indonesia
  • Freeport Indonesia
  • Latin American Coal - Colombia
  • Sucofindo - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Grasim Industreis Ltd - India
  • The State Trading Corporation of India Ltd
  • Interocean Group of Companies - India
  • Malabar Cements Ltd - India
  • ING Bank NV - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Thermax Limited - India
  • Ince & co LLP
  • BRS Brokers - Singapore
  • European Bulk Services B.V. - Netherlands
  • Wood Mackenzie - Singapore
  • Ministry of Finance - Indonesia
  • Anglo American - United Kingdom
  • APGENCO India
  • Global Coal Blending Company Limited - Australia
  • Total Coal South Africa
  • Tanito Harum - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Timah Investasi Mineral - Indoneisa
  • TNPL - India
  • Panama Canal Authority
  • OPG Power Generation Pvt Ltd - India
  • Berau Coal - Indonesia
  • Energy Link Ltd, New Zealand
  • Shree Cement - India
  • Formosa Plastics Group - Taiwan
  • Ernst & Young Pvt. Ltd.
  • TeaM Sual Corporation - Philippines
  • Eastern Coal Council - USA
  • White Energy Company Limited
  • globalCOAL - UK
  • Bharathi Cement Corporation - India
  • Antam Resourcindo - Indonesia
  • Mercator Lines Limited - India
  • Asia Cement - Taiwan
  • Global Green Power PLC Corporation, Philippines
  • Orica Mining Services - Indonesia
  • Carbofer General Trading SA - India
  • SRK Consulting
  • Essar Steel Hazira Ltd - India
  • Mjunction Services Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Alfred C Toepfer International GmbH - Germany
  • Shenhua Group - China
  • Billiton Holdings Pty Ltd - Australia
  • Arutmin Indonesia
  • Electricity Authority, New Zealand
  • Posco Energy - South Korea
  • Infraline Energy - India
  • GNFC Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • LBH Netherlands Bv - Netherlands
  • London Commodity Brokers - England
  • KOWEPO - South Korea
  • Russian Coal LLC
  • The University of Queensland
  • Vale Mozambique
  • Petrosea - Indonesia
  • IBC Asia (S) Pte Ltd
  • RBS Sempra - UK
  • Romanian Commodities Exchange
  • Makarim & Taira - Indonesia
  • Bank of America
  • GHCL Limited - India
  • Coeclerici Indonesia
  • KPMG - USA
  • Therma Luzon, Inc, Philippines
  • IOL Indonesia
  • Enel Italy
  • Mitsubishi Corporation
  • OCBC - Singapore
  • Glencore India Pvt. Ltd
  • Humpuss - Indonesia
  • Sakthi Sugars Limited - India
  • Electricity Generating Authority of Thailand
  • ANZ Bank - Australia
  • Asian Development Bank
  • Bangkok Bank PCL
  • Gupta Coal India Ltd
  • GAC Shipping (India) Pvt Ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Independent Power Producers Association of India
  • Bulk Trading Sa - Switzerland
  • ASAPP Information Group - India
  • Standard Chartered Bank - UAE
  • Thai Mozambique Logistica
  • Jatenergy - Australia
  • Singapore Mercantile Exchange
  • Xindia Steels Limited - India
  • San Jose City I Power Corp, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Riau Bara Harum - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Altura Mining Limited, Indonesia
  • Peabody Energy - USA
  • Indian Energy Exchange, India
  • Thiess Contractors Indonesia
  • Planning Commission, India
  • Pendopo Energi Batubara - Indonesia
  • Meenaskhi Energy Private Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Idemitsu - Japan
  • Thriveni
  • Mitsui
  • Tamil Nadu electricity Board
  • Port Waratah Coal Services - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Cigading International Bulk Terminal - Indonesia
  • MS Steel International - UAE
  • Tata Power - India
  • Coaltrans Conferences
  • Inco-Indonesia
  • Baramulti Group, Indonesia
  • Madhucon Powers Ltd - India
  • J M Baxi & Co - India
  • Karbindo Abesyapradhi - Indoneisa
  • TANGEDCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Indonesian Coal Mining Association
  • Krishnapatnam Port Company Ltd. - India
  • Kalimantan Lumbung Energi - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Parliament of New Zealand
  • Vizag Seaport Private Limited - India
  • Minerals Council of Australia
  • Barasentosa Lestari - Indonesia
  • Trasteel International SA, Italy
  • Orica Australia Pty. Ltd.
  • Pinang Coal Indonesia
  • Argus Media - Singapore
  • PTC India Limited - India
  • Credit Suisse - India
  • Sical Logistics Limited - India
  • bp singapore
  • CoalTek, United States
  • India Bulls Power Limited - India
  • JPower - Japan
  • South Luzon Thermal Energy Corporation
  • IEA Clean Coal Centre - UK
  • Deutsche Bank - India
  • Coal and Oil Company - UAE