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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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Friday, 22 May 09
INDONESIA`S BUKIT ASAM TO HAVE POWER PLANT IN 2011 - ANTARA
The construction of a power plant in South Sumatra by coal mining company PT Tambang Batubara Bukit Asam will be completed in April 2011.
T ...
Friday, 22 May 09
NOBLE WINS CONTROL OF AUSTRALIA'S GLOUCESTER COAL - BLOOMBERG
Noble Group Ltd., a Hong Kong- based commodity supplier, won control of Australia’s Gloucester Coal Ltd. after last week raising its cash bid ...
Thursday, 21 May 09
FBR STARTS COVERAGE OF SHIPPING SECTOR - REUTERS
Friedman Billings Ramsey began coverage of the shipping industry, saying the sector, which is amidst a deep cyclical downturn, is poised for a recov ...
Thursday, 21 May 09
INDONESIAN COAL PRODUCTION IN Q1 BELOW TARGET - STEEL GURU
Mr Bambang Gatot Ariyono director for coal and mineral development at the Energy and Mineral Resources Ministry said that the coal production in the ...
Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
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- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
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- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
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- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Global Coal Blending Company Limited - Australia
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- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
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- Economic Council, Georgia
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- Marubeni Corporation - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
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- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
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- Salva Resources Pvt Ltd - India
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- SMC Global Power, Philippines
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- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
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- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
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- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
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- Mercuria Energy - Indonesia
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- MS Steel International - UAE
- Tata Chemicals Ltd - India
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- Larsen & Toubro Limited - India
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- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
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- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
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- Bahari Cakrawala Sebuku - Indonesia
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- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
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- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
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- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
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- Parliament of New Zealand
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