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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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Sunday, 23 September 12
AN ANOTHER UNSTABLE WEEK FOR INDONESIAN COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.10 percent and 0.916 percent WOW and DOD respectively ...
Sunday, 23 September 12
INDIA IMPORTED 11.40 PERCENT MORE INDONESIAN COAL IN AUGUST
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 26,451,565* tons of coal in August 2012, compared to 27.88* mill ...
Saturday, 22 September 12
SOFT BUNKER PRICES KEEP INDONESIA TO INDIA FREIGHTS STABLE - VISTAAR
COALspot.com - The freight market overall remained buoyant with all indices up except for Panamax index. The main effect seems to be increased shipm ...
Friday, 21 September 12
SHIP BREAKING ACTIVITY REACHES NEW RECORDS, AS ALREADY 2012 LEVELS HAVE SURPASSED THE WHOLE OF 2011 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The vast oversupply of vessels, most notably in the dry bulk shipping sector, has forced ship owners to intensify their efforts towards recycling th ...
Thursday, 20 September 12
SUPRAMAX : INDO-INDIA ROUNDS WERE AROUND USD 12K - FEARNLEYS
Handy
Not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchan ...
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- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
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