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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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Monday, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment ...
Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points, ...
Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
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- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- CNBM International Corporation - China
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
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