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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, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...
Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...
Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production &ndas ...
Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
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- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
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