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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.
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
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Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...
Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...
Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ram ...
Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat
COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...
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- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Bhatia International Limited - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
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