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

Monday, 06 January 14
INDONESIAN COAL SWAPS SLIDE TO $ 61.25 FOR Q4' 14 DELIVERY
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 0.32 pmt month on month on Friday 3 January 2014. Th ...


Sunday, 05 January 14
API 8 CFR SOUTH CHINA COAL SWAP FOR Q3 DELIVERY CLOSED $ 80.05, A $ 0.90 LOWER THAN Q1 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 1.40 percept day on day closed at  US$ 80.95 per mt as o ...


Sunday, 05 January 14
CENTRAL BUREAU OF INVESTIGATION OF INDIA REGISTERS CASES IN CONNECTION WITH ALLEGED SUPPLY OF LOW QUALITY INDONESIAN COAL BY A PRIVATE COMPANY TO NTPC & NSPCL
COALspot.com: The Central Bureau of Investigation of India has registered two cases regarding alleged supply of low quality imported Indonesian coal ...


Saturday, 04 January 14
THE INDONESIAN GOVERNMENT TO DOWNSIZE ITS COAL PRODUCTION TARGET TO 400 MMT THIS YEAR
COALspot.com: Indonesia to downsize its coal production target to 400 million tons in 2014, lower than the production in 2013, which stood at 421 mi ...


Friday, 03 January 14
IN 2013 RBCT HAS, FOR THE FIRST TIME, EXPORTED MORE THAN 70 MILLION TONS OF COAL
COALspot.com: South Africa's Richards Bay coal terminal, the world’s largest single coal exporting terminal shipped 6.788 million tonnes of c ...


   784 785 786 787 788   
Showing 3926 to 3930 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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