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Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
 China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity Corp aims to increase its annual coal output to 20 million tons this year.
The company, a subsidiary located in Hulunbuir, Inner Mongolia autonomous region under China's leading power generator Huaneng Group, now has an installed capacity of 2,200 mW. It currently can produce 15 million tons of coal each year.
"Using coal all produced by ourselves, we have reduced our cost a lot," said Yin Long, general manager of Huaneng Yimin.
The company also sells some amount of coal to other power companies. It is also planning for its own coal-to-gas and coal-to-chemical projects to further diversify its business portfolio, said Yin.
Rising coal prices have always been a headache for China's power generators. Last year because of the sharp rise in coal prices major power companies all incurred losses in their power generation business.
Coal-fired power accounts for over 70 percent of China's total power generation. The country's main power companies have all accelerated their development of coal mine projects.
For instance, Datang International Power Generation Co, the listed arm of China Datang Corp, earlier said it aims to get 50 percent of its profit from sources other than electricity in the next decade, including fuel production.
Projects such as coal and coal-to-chemicals production may account for half of the company's profit by 2015, Cao Jingshan, president of the country's second-largest power producer, told reporters earlier this month.
Some analysts believe that development of more coal-power joint projects is an inevitable trend in the industry. "With a foothold in coal production, the upstream of power generation business, companies can reduce their risks," said Li Chaolin, coal analyst.
"With more coal mine assets in hand, power companies can have a stronger say when they bargain with coal producers for prices," he said.
China's five major power companies have all quickened their pace in taking coal mine assets in northwestern China, especially in Inner Mongolia and Xinjiang Uygur autonomous regions, he added.
However, some analysts said this could lead to an overcapacity in the power industry.
"In some areas there has already been an overcapacity in power generation. I am worried more such projects will make the situation worse," said an industry insider who declined to be named.
China's power consumption in July rose 6 percent to 342 billion kWh over the same month of last year, said China's National Energy Administration (NEA). The figure was 10.9 percent more than that of June, NEA said.
China's coal production continued to ease in the first half of this year on flat domestic demand amid the economic slowdown.
Crude coal output increased 8.7 percent year-on-year to 1.36 billion tons in the first six months, but 6.1 percentage points lower than the same period a year ago, data released by the National Development and Reform Commission has shown.
Source: China Daily
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Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
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