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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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Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
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Thursday, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
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- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Australian Coal Association
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Planning Commission, India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
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