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Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal assets, aimed at bridging the growing domestic demand-supply gap. "We will ask for more coal blocks as our requirement is increasing continuously. We will discuss the issue with both the governments -- South Africa and Mozambique," Jaiswal told PTI.
South Africa and Mozambique are two major destinations for coal-hungry firms across the globe, since, the resource used for steel-making and power generation are scarce.
India, which largely depends upon state-owned Coal India Ltd for meeting its domestic need, is likely to see as much as 83 million tonnes of short supply in the current fiscal. All deficits are met through imports.
"Acquiring assets abroad will be one of our main priorities this year," Jaiswal said.
The minister will be accompanied by Coal Secretary, C Balakrishnan and Coal India Chairman, Partha Bhattacharya among other officials for the government-to-government level talks.
At present, Coal India has two coal blocks in Mozambique, where it plans to begin its exploration in the next fiscal, while the production is expected to begin from 2014-15.
Coal India Chairman, Partha Bhattacharya had earlier said that both the blocks are estimated to have combined coal reserves of about one billion tonnes.
However, connectivity between the coal blocks and nearest port is a big transportation hurdle and the issue will be figured prominently with the talks with Mozambique government, Jaiswal said.
"We are going to request them to build a bridge on the Dcondezi river, which falls between the coal blocks and port and reduces the time to five months (in a year) for carrying out geological prospecting and exploration," he said.
Jaiswal added his delegation will also hold discussions on transferring of coal to oil (CTO) and underground Coal Gasification technologies with its South African counterpart and petro-chemical giant Sasol.
Sasol is the world leader in coal to liquid (CTL) and gas to liquid (GTL) technologies, which converts natural gas and coal into petro products like diesel, naptha etc. Its Secunda plant in South Africa with 1,60,000 barrels per day capacity is the world’s largest facility of its kind.
It has also announced to set up a joint venture with the Tata group to build a CTL plant, worth $ 10 billion, in Orissa with a capacity of 80,000 barrels oil per day. The plant is expected to be operational by 2018.
Source: PTI / Hindustan Times
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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- The University of Queensland
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
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