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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, 01 November 13
DRY BULK MARKET IN FIRST POSITIVE SIGN IN DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Owners of dry bulk carriers are well aware of the rollercoaster ride that has been the market for their vessels over the past few years. This trend ...
Thursday, 31 October 13
HANDY: ACTIVE; PANAMAX: QUIET; CAPESIZE: NO LIGHT
Handy
The handy market had an active week however not directly translated into the rates we´ve seen in the Pacific. We see more coal and baux ...
Wednesday, 30 October 13
INDONESIAN STATE OWNED COAL MINER HAS EXPORTED 7.02 MILLION TONS OF COAL IN 9 MONTHS
COALspot.com : PT. Bukit Asam, Indonesian state owned coal miner has sold 13.24 million tons of coal for the period January - September 2013. Accord ...
Wednesday, 30 October 13
DRY BULK MARKET HAS LOST FURTHER GROUND THIS PAST WEEK - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable-)
The Dry Bulk market has lost further ground this past week, as de-creased activity in both basins for both C ...
Wednesday, 30 October 13
CAPESIZE: DOWNWARD; SUPRAS AND HANDIES: STABLE - INTERMODAL
The Dry Bulk market has resumed its downward movement, noting another dip for a third week in a row. The larger size segments were responsible for p ...
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Showing 4036 to 4040 news of total 6871 |
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- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Australian Coal Association
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Sical Logistics Limited - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
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