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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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Thursday, 21 February 13
SPRING COAL PROCUREMENT 2013 IS ABOUT TO TAKE PLACE
In 2012, “Steady Growth” had set the keynote for China’s economic development. Guided by the principle of progressing steadily, do ...
Wednesday, 20 February 13
BAKRIE GROUP LOOKS TO HAVE A CLEAR UPPER HAND - LUCKY ARIESANDI, CFA
The Bakrie-Rothschild saga is entering its final stage, with Bumi Plc (BUMI LN)’s holders to convene on 21 Feb at 11am GMT to vote on Nat Roth ...
Tuesday, 19 February 13
NEWCASTLE PORT SHIPPED 38.65 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 1,820,559 MT of thermal and coking coal for week ended 0700 hours 18 February 2013, Newc ...
Monday, 18 February 13
78.75 MILLION TONS OF COAL RESERVES ARE NEWLY PROVEN IN WUGANG HUNAN PROVINCE
COALspot.com - Recently, Wugang City, known as the CHINA hundred key coal producing cities, achieved new breakthroughs in coal exploration: deep coa ...
Sunday, 17 February 13
STEEL DEMAND WILL HELP TO PUSH UP FREIGHT RATES - VISTAAR
COALspot.com - This freight market has been fairly steady week ended 15 February 2013.
The BDI was slightly up by 0.67 pct closing at 753 points ...
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- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- MS Steel International - UAE
- VISA Power Limited - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
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