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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, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
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- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Economic Council, Georgia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- White Energy Company Limited
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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