COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Share your coal and shipping news with COALspot.com



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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down. The BDI was up down by 4 ...


Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...


Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...


Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced.  Owners are asking in excess of USD ...


Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...


   991 992 993 994 995   
Showing 4961 to 4965 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Arutmin Indonesia
  • The State Trading Corporation of India Ltd
  • Intertek Mineral Services - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Central Electricity Authority - India
  • Energy Link Ltd, New Zealand
  • MS Steel International - UAE
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Energy Development Corp, Philippines
  • Wood Mackenzie - Singapore
  • World Coal - UK
  • Savvy Resources Ltd - HongKong
  • Infraline Energy - India
  • Timah Investasi Mineral - Indoneisa
  • Commonwealth Bank - Australia
  • Star Paper Mills Limited - India
  • Karaikal Port Pvt Ltd - India
  • Platts
  • Attock Cement Pakistan Limited
  • Gujarat Sidhee Cement - India
  • Deloitte Consulting - India
  • Mercator Lines Limited - India
  • Salva Resources Pvt Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bayan Resources Tbk. - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Kapuas Tunggal Persada - Indonesia
  • Trasteel International SA, Italy
  • Riau Bara Harum - Indonesia
  • McKinsey & Co - India
  • Essar Steel Hazira Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • EIA - United States
  • Kideco Jaya Agung - Indonesia
  • Xstrata Coal
  • Cement Manufacturers Association - India
  • International Coal Ventures Pvt Ltd - India
  • Total Coal South Africa
  • Rashtriya Ispat Nigam Limited - India
  • Iligan Light & Power Inc, Philippines
  • Parry Sugars Refinery, India
  • India Bulls Power Limited - India
  • Eastern Coal Council - USA
  • JPower - Japan
  • Romanian Commodities Exchange
  • Shenhua Group - China
  • Uttam Galva Steels Limited - India
  • Global Business Power Corporation, Philippines
  • Aboitiz Power Corporation - Philippines
  • Runge Indonesia
  • PLN - Indonesia
  • Moodys - Singapore
  • Enel Italy
  • Ceylon Electricity Board - Sri Lanka
  • ING Bank NV - Singapore
  • Maheswari Brothers Coal Limited - India
  • Petrosea - Indonesia
  • Indorama - Singapore
  • GVK Power & Infra Limited - India
  • Sakthi Sugars Limited - India
  • Jatenergy - Australia
  • Electricity Generating Authority of Thailand
  • Bulk Trading Sa - Switzerland
  • Bhoruka Overseas - Indonesia
  • Posco Energy - South Korea
  • McConnell Dowell - Australia
  • Tamil Nadu electricity Board
  • Sarangani Energy Corporation, Philippines
  • UBS Singapore
  • Barclays Capital - USA
  • The University of Queensland
  • Vizag Seaport Private Limited - India
  • Kobe Steel Ltd - Japan
  • Marubeni Corporation - India
  • CNBM International Corporation - China
  • SRK Consulting
  • Singapore Mercantile Exchange
  • Maharashtra Electricity Regulatory Commission - India
  • Rudhra Energy - India
  • TeaM Sual Corporation - Philippines
  • KPCL - India
  • PTC India Limited - India
  • Anglo American - United Kingdom
  • Fearnleys - India
  • Gujarat Electricity Regulatory Commission - India
  • DBS Bank - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Antam Resourcindo - Indonesia
  • Platou - Singapore
  • European Bulk Services B.V. - Netherlands
  • Jaiprakash Power Ventures ltd
  • Thermax Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Asia Cement - Taiwan
  • IHS Mccloskey Coal Group - USA
  • Mitra SK Pvt Ltd - India
  • IBC Asia (S) Pte Ltd
  • SGS (Thailand) Limited
  • Bukit Makmur.PT - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Credit Suisse - India
  • CESC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Maybank - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Barasentosa Lestari - Indonesia
  • Port Waratah Coal Services - Australia
  • Rio Tinto Coal - Australia
  • Cosco
  • Idemitsu - Japan
  • Lafarge - France
  • WorleyParsons
  • Shree Cement - India
  • TRAFIGURA, South Korea
  • Ministry of Mines - Canada
  • Tata Chemicals Ltd - India
  • PetroVietnam
  • SUEK AG - Indonesia
  • Petron Corporation, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Mitsui
  • Thomson Reuters GRC
  • BRS Brokers - Singapore
  • Bank of America
  • The India Cements Ltd
  • KEPCO - South Korea
  • Videocon Industries ltd - India
  • Arch Coal - USA
  • Vedanta Resources Plc - India
  • Sindya Power Generating Company Private Ltd
  • Dalmia Cement Bharat India
  • Pendopo Energi Batubara - Indonesia
  • Malabar Cements Ltd - India
  • Indian Oil Corporation Limited
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Electricity Authority, New Zealand
  • Coal Orbis AG
  • Thriveni
  • Ind-Barath Power Infra Limited - India
  • Renaissance Capital - South Africa
  • Carbofer General Trading SA - India
  • GNFC Limited - India
  • Ministry of Finance - Indonesia
  • The Treasury - Australian Government
  • SMG Consultants - Indonesia
  • Cargill India Pvt Ltd
  • Ernst & Young Pvt. Ltd.
  • U S Energy Resources
  • Sree Jayajothi Cements Limited - India
  • Chamber of Mines of South Africa
  • Global Green Power PLC Corporation, Philippines
  • Indonesia Power. PT
  • ICICI Bank Limited - India
  • Thiess Contractors Indonesia
  • Bharathi Cement Corporation - India
  • Baramulti Group, Indonesia
  • Altura Mining Limited, Indonesia
  • Bhushan Steel Limited - India
  • Merrill Lynch Bank
  • Geoservices-GeoAssay Lab
  • Indian School of Mines
  • Banpu Public Company Limited - Thailand
  • RBS Sempra - UK
  • Sinarmas Energy and Mining - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Coal and Oil Company - UAE
  • globalCOAL - UK
  • GAC Shipping (India) Pvt Ltd
  • Bhatia International Limited - India
  • Britmindo - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Bukit Baiduri Energy - Indonesia
  • MEC Coal - Indonesia
  • Core Mineral Indonesia
  • Therma Luzon, Inc, Philippines
  • South Luzon Thermal Energy Corporation
  • Chettinad Cement Corporation Ltd - India
  • Meralco Power Generation, Philippines
  • Coastal Gujarat Power Limited - India
  • Adaro Indonesia
  • Coalindo Energy - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Inspectorate - India
  • Asian Development Bank
  • Xindia Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • Berau Coal - Indonesia
  • Jindal Steel & Power Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Agrawal Coal Company - India
  • Argus Media - Singapore
  • Mitsubishi Corporation
  • Miang Besar Coal Terminal - Indonesia
  • Vitol - Bahrain
  • SN Aboitiz Power Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Samtan Co., Ltd - South Korea
  • Adani Power Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • TGV SRAAC LIMITED, India
  • Maersk Broker
  • Global Coal Blending Company Limited - Australia
  • Eastern Energy - Thailand
  • Reliance Power - India
  • Interocean Group of Companies - India
  • Ministry of Transport, Egypt
  • Africa Commodities Group - South Africa
  • Alfred C Toepfer International GmbH - Germany
  • World Bank
  • Heidelberg Cement - Germany
  • Australian Coal Association
  • Jorong Barutama Greston.PT - Indonesia
  • Mercuria Energy - Indonesia
  • HSBC - Hong Kong
  • Globalindo Alam Lestari - Indonesia
  • Cardiff University - UK
  • Humpuss - Indonesia
  • Orica Australia Pty. Ltd.
  • BNP Paribas - Singapore
  • Noble Europe Ltd - UK
  • Qatrana Cement - Jordan
  • Siam City Cement PLC, Thailand
  • VISA Power Limited - India
  • Edison Trading Spa - Italy
  • GMR Energy Limited - India
  • Inco-Indonesia
  • Deutsche Bank - India
  • CoalTek, United States
  • Gupta Coal India Ltd
  • ACC Limited - India
  • Semirara Mining Corp, Philippines
  • GHCL Limited - India
  • Tata Power - India
  • Semirara Mining and Power Corporation, Philippines
  • KOWEPO - South Korea
  • TANGEDCO India
  • Madhucon Powers Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Leighton Contractors Pty Ltd - Australia
  • Pinang Coal Indonesia
  • OCBC - Singapore
  • Indonesian Coal Mining Association
  • Tanito Harum - Indonesia
  • Peabody Energy - USA
  • ASAPP Information Group - India
  • New Zealand Coal & Carbon
  • Indian Energy Exchange, India
  • Siam City Cement - Thailand
  • Vale Mozambique
  • Thai Mozambique Logistica
  • Bank of China, Malaysia
  • Grasim Industreis Ltd - India
  • Mechel - Russia
  • EMO - The Netherlands
  • PowerSource Philippines DevCo
  • IOL Indonesia
  • Lanco Infratech Ltd - India
  • Permata Bank - Indonesia
  • APGENCO India
  • Kaltim Prima Coal - Indonesia
  • Power Finance Corporation Ltd., India
  • JPMorgan - India
  • Oldendorff Carriers - Singapore
  • Bangkok Bank PCL
  • Coal India Limited
  • Bangladesh Power Developement Board
  • OPG Power Generation Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Mjunction Services Limited - India
  • Japan Coal Energy Center
  • Maruti Cements - India
  • Cebu Energy, Philippines
  • Standard Chartered Bank - UAE
  • Asmin Koalindo Tuhup - Indonesia
  • Price Waterhouse Coopers - Russia
  • Gresik Semen - Indonesia
  • TNPL - India
  • Metalloyd Limited - United Kingdom
  • Straits Asia Resources Limited - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • SMC Global Power, Philippines
  • J M Baxi & Co - India
  • IMC Shipping - Singapore
  • Cemex - Philippines
  • Aditya Birla Group - India
  • Clarksons - UK
  • Australian Commodity Traders Exchange
  • Indogreen Group - Indonesia
  • Glencore India Pvt. Ltd
  • Latin American Coal - Colombia
  • GN Power Mariveles Coal Plant, Philippines
  • Borneo Indobara - Indonesia
  • CCIC - Indonesia
  • Sical Logistics Limited - India
  • Wilmar Investment Holdings
  • Freeport Indonesia
  • GB Group - China
  • Georgia Ports Authority, United States
  • Malco - India
  • Economic Council, Georgia
  • Independent Power Producers Association of India
  • Gujarat Mineral Development Corp Ltd - India
  • IEA Clean Coal Centre - UK
  • bp singapore
  • UOB Asia (HK) Ltd
  • Merrill Lynch Commodities Europe
  • Ince & co LLP
  • ANZ Bank - Australia
  • ETA - Dubai
  • Indo Tambangraya Megah - Indonesia
  • Ambuja Cements Ltd - India
  • Medco Energi Mining Internasional
  • White Energy Company Limited
  • Coeclerici Indonesia
  • Toyota Tsusho Corporation, Japan
  • Parliament of New Zealand
  • PLN Batubara - Indonesia
  • NTPC Limited - India
  • Russian Coal LLC
  • NALCO India
  • Kartika Selabumi Mining - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Formosa Plastics Group - Taiwan
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Surastha Cement
  • Mintek Dendrill Indonesia
  • Thailand Anthracite
  • Orica Mining Services - Indonesia
  • Minerals Council of Australia
  • London Commodity Brokers - England
  • Planning Commission, India
  • Panama Canal Authority
  • Central Java Power - Indonesia
  • Sucofindo - Indonesia
  • Makarim & Taira - Indonesia
  • Samsung - South Korea
  • Indika Energy - Indonesia
  • Larsen & Toubro Limited - India
  • Coaltrans Conferences
  • KPMG - USA
  • Goldman Sachs - Singapore
  • CIMB Investment Bank - Malaysia
  • Bahari Cakrawala Sebuku - Indonesia
  • Simpson Spence & Young - Indonesia
  • San Jose City I Power Corp, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Kumho Petrochemical, South Korea
  • SASOL - South Africa
  • Sojitz Corporation - Japan