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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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Friday, 02 December 22
INDONESIAN COAL PRICE REFERENCE PLUNGE TOWARD US$ 281.48 A TON AS DEMAND DROPS WORLDWIDE
COALspot.com: The cost of coal is falling so fast that it is beginning to put real money back in the pockets of end-users.
Indonesia ...
Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
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- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Wilmar Investment Holdings
- The University of Queensland
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
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