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Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its thermal plants.
KPCL officials said that the blending was up to 20% of the coal consumption of the thermal plants. KPCL currently operates 2 thermal plants the 1470 MW Raichur Thermal Power Station and the 500 MW Bellary Thermal Power station.
However, the fuel needs of both these plants are estimated at about 12 million tonne a year of domestic coal, assuming a plant load factor of 85%. This was on the basis of fuel consumption from domestic sources that are of inferior quality.
Domestic thermal coal has a calorific value of just 3,000 kilo calories per kilogram. Consequently, the officials said that imported coal blending therefore brought down fuel consumption. This was because imported coal, mostly from Indonesia has a calorific value of about 6,100 kilo calories per kilogram.
The officials said they were not in a position to increase the content of imported coal. This was in view of the high international prices. KPCL’s current imports are entirely through the spot markets. Consequently, this made the power utility vulnerable to fuel price volatility.
The officials said that given the current international price structure, there was little scope for hedging fuel prices. This was because hedging would imply that the utility would get locked into high prices over a long period. The best option, therefore, was to blend domestic coal with imported coal.
Besides, there was also little scope for increasing power tariffs. This was because the original tariffs were worked out on the assumption of usage of domestic coal. Therefore, the officials explained that higher coal imports would not be viable unless international coal prices dropped below current domestic prices.
Coal from Singareni Collieries, where KPCL has its fuel linkage is currently priced at about INR 900 tonne. Inclusive of transportation costs, the landed costs were close to about INR 1,400 tonne or less than half the price of Indonesian steam coal.
Source: Steel Guru (http://steelguru.com/news/index/2009/06/19/OTkwNDg%3D/Karnataka_Power_Corp_begins_blending_Indonesian_coal.html)
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Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
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- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- PTC India Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
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