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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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Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
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- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Australian Coal Association
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
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