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

Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...


Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal  Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie  At Coa ...


Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...


Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...


Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...


   1069 1070 1071 1072 1073   
Showing 5351 to 5355 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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