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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, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China.
It will make you understand regulatory asp ...
Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.17 percent and CFR South China coal shipme ...
Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points.
The cape index also joins BDI ...
Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia
IHS is pleased to invite you to t ...
Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
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