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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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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
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- Sakthi Sugars Limited - India
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- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Thai Mozambique Logistica
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- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
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- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
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- Vedanta Resources Plc - India
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- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
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- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Parliament of New Zealand
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- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
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- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
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- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
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- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
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- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
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- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Posco Energy - South Korea
- Agrawal Coal Company - India
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- IHS Mccloskey Coal Group - USA
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