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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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- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- White Energy Company Limited
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
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