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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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Tuesday, 29 October 13
NEWCASTLE PORT SHIPPED 12.29 PER CENT MORE COAL W-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 12.29 per cent week on week to 3.61 million mt for ...
Monday, 28 October 13
API 8 CFR SOUTH CHINA COAL FOR Q3'14 DELIVERY LOST ON D-D,W-W & M-M
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.22 percept M-M on Friday 25 October 2013. The CFR South China Co ...
Monday, 28 October 13
COAL SWAP FOR Q3' 2014 DELIVERY LOST ON D-D, W-W AND M-M
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.46 percept month on month on Friday 25 October 2 ...
Saturday, 26 October 13
PANAMAX CHARTER RATES FROM INDONESIA TO INDIA STAY FIRM - SOLYM
COALspot.com: The freight market showed tendency of softness with Cape and Panamax futures and physical soft.
The BDI was down by 12 pct week end ...
Saturday, 26 October 13
DRY BULK MARKET KEEPS ON RETREATING, BUT NEW BUILDING ORDERS KEEP ON PILING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market kept on retreating this week, with the industry's benchmark, the Baltic Dry Index (BDI) falling to 1,708 points, down 78 on the ...
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- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
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