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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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Friday, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...
Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...
Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...
Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. ...
Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
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- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- White Energy Company Limited
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
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