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
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU


COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohmatsu, India.

The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by January 12, 2014. This is likely to apply to coal below 5700 kcal/kg on air dried basis in value.

As of now Indonesia is producing around 150 million tons of coal with calorific value below 5700 GAD (according to chairman of Indonesian coal mining association). However by 2014, there are possibilities the total production of below 5700 GAD coal may reach  more than 200 million per annum.

Will Indonesian coal  export ban impact on the Indian fuel requirements?
The earlier grade of coal that was being considered for proposed ban has GCV of 5100 kcal/kg of less (adb), which can be comparable to 3800-4200 kcal/kg (arb) domestic coal available in India. This grade of coal has found favor in India primarily due to likely price advantage but economics of power generation based on such grade of imported coal may be a suspect. This considering that such grades of coal from Indonesia typically have high moisture content, which makes transportation cost per unit of energy generated higher. The quantum of the low grade of coal (<5100 kcal/kg adb) procured from Indonesia is likely to remain relatively low.

However, if the new definition of low grade coal is applied (<5700 kcal/kg adb), it may be reasonable to believe that such a ban may have impact on the Indian power sector as volumes in this grade of coal are expected to rise in the proportion of coal exports to India. Several of the acquisitions made by Indian power generation companies in Indonesia have been in coal blocks that will produce coal of this grade, and a blanket ban on the exports can jeopardize power plant development in India.

On the other hand, the domestic Indonesian market may not be prepared to consume all the coal mined of this grade in view of the power generation capacity addition plans in Indonesia. In such a case, the coal mine development is likely to be deferred. The Indonesian law makers may need to reconsider domestic market demand, investment climate in coal sector and impact of the legislation on the export revenues. 

What is the alternative source for Indian power industry if the proposed coal export ban come into effect by 2014?
Indian power generation companies have been forced to look out for coal assets abroad due to the investment and regulatory environment within the country. India boasts of more than 110 billion tonnes of coal reserves, which largely fall within a 300 meters of depth. If the regulatory and investment environment is amended to allow greater participation of private sector Indian dependence on imports will be reduced.

However, for imports, India will continue to look at Indonesia, South Africa, Australia and newer destinations like Mozambique and Columbia. But these sources also have constraints, domestic demands in South Africa is likely to restrict quantum jump in exports out of South Africa. Indonesia has also proposed domestic market obligations. Mozambique may have infrastructure constraints for large volumes of coal being transported from Tete province to ports of Maputo, Ncala or Beira. Australian coal is of high quality but may have higher costs of mining and transport.

What would be the additional cost if Indian consumers switch their sourcing origin from Indonesia?
Indonesia has competitive advantage due to its geographical closeness. However, on a per tonne basis, assuming comparable quality, costs of transport may make marginal difference when compared with South Africa and Mozambique.

When compared to Australian coal, due to the high quality, cost of energy may well be comparable even though shipping costs are higher. Between Indonesian coal (5500 kcal/kg adb priced at USD 90 per tonne) and Australian coal (6500 kcal/kg adb priced at USD 120 per tonne), indicative variable cost difference of power generation may be about Indian Rupees 0.20 to 0.30 per kWh (electricity unit) in favor of Indonesian coal.

Will it affect Indian economy growth or this coal export ban is ignorable as India can easily identify alternative sources of fuel?
The magnitude of growth in power generation in India will necessarily mean that coal will remain the mainstay. Natural gas has had issues of availability. Nuclear plant development is facing socio-political challenge in view of the risks of technology failure. Development of hydel power has also faced issues of land acquisition, rehabilitation & resettlement apart from the technical issues of hydro-geological features. Renewable sources such as solar and wind generation are still projected to constitute a small portion of India power generation mix. Identifying an alternative source that can match coal in its accessibility, availability and affordability in the context of scale of capacity addition required in India is a challenge.

What is the Indian government's role on this issue, whether government has to come out with the solution such as easing Indian mining and environment law, open up mining for foreigners,  G2G arrangement, etc…?
There is a need to look at domestic sources with pro-active and constructive approach and make all necessary legal and statutory amendments that make the resources available and mineable. Easing the regulations may not be one of such measures but making those regulations work in sync with each other in a time bound and predictable manner must certainly be.

There is certainly a case for opening the domestic coal sector for private participation, including independent miners, and for foreign participation so that newer technology and enhanced scale of operations are implemented in India. The regulation also needs to permit risk capital to come in for prospecting and exploration.

For imports the G2G relations can be leveraged to secure coal assets. India has good relationship with Indonesia and has also signed a tax treaty with Mozambique in 2010 which will facilitate investments. Government may also engage with these countries to ease exports to India and extend fiscal support to coal mining companies investing in mining and associated infrastructure development. 

About Dipesh Dipu
Dipesh Dipu works as Director with Deloitte Touche Tohmatsu India Pvt. Ltd in the Energy and Resources consulting practice of the firm and anchors the Firm’s initiative in the mining and metals sectors.

He is a mining engineering graduate from Indian School of Mines and is a Chartered Financial Analyst (CFA). He has also done executive program in business management from Indian Institute of Management Calcutta. Dipesh has recently been awarded the Abheraj Baldota Gold Medal for the Young Mining Engineer of the Year 2007 by the Mining Engineers’ Association of India in recognition of his contributions in the improvement of mining industry in India.



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

Recent News

Wednesday, 14 June 17
WORLD COAL PRODUCTION FELL BY 6.2%, THE LARGEST ANNUAL DECLINE ON RECORD - BP
COALspot.com: The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as ...


Wednesday, 14 June 17
HANDYSIZES AND PANAMAXES ENJOY THE TIGHTEST SUPPLY - PANOS TSILINGIRIS
The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years ol ...


Tuesday, 13 June 17
THE TANKER FREIGHT MARKET IS STILL UNDER PRESSURE - GEORGE LAZARIDIS
News of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push wit ...


Monday, 12 June 17
THE BALTIC DRY INDEX TOOK A POSITIVE STEP
COALspot.com: The Freight market incline this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positive trend week ...


Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...


   404 405 406 407 408   
Showing 2026 to 2030 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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