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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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Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
Wednesday, 29 August 12
SECOND HAND VESSELS IN HIGH DEMAND DESPITE SUMMER SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the slow summer season, ship owners appear to be rather keen in acquiring some modern second hand tonnage at "knock-down" prices. ...
Monday, 27 August 12
BUMI BOOKS $322.1 MILLION NET LOSS IN 1H 2012 IN SPITE OF 8.6 PERCENT INCREASE IN SALES REVENUE
PT Bumi Resources Tbk, the single largest coal producer and exporter in Indonesia announces its first half financial report for the ...
Monday, 27 August 12
OVER 200 FOREIGN COMPANIES AND ENERGY MAJORS EXPECTED AT 2ND MOGP SUMMIT IN YANGON
Singapore based CMT and Machinery & Solutions Co. Ltd (M&S) announce that the 2nd MOGP Summit will be held on 3-6 September at the Sedona ho ...
Sunday, 26 August 12
SOUTH AFRICAN COAL OVERVIEW
South Africa's indigenous energy resource base is dominated by coal.
Internationally, coal is the most widely used primary fuel, accounting for ...
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- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Australian Coal Association
- Larsen & Toubro Limited - India
- Planning Commission, India
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
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