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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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Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
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- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Parliament of New Zealand
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- New Zealand Coal & Carbon
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