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Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
 Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal and Energy Board (TCEB) has approved four Thar coal reserves projects to generate up to 2,450 megawatt (MW) power, whose capacity would be increased up to 10,000 MW by year 2020, to meet the growing energy needs of the country.
This was decided in the fourth TCEB meeting, presided over by Sindh Chief Minister Syed Qaim Ali Shah at the Chief Minister House here on Saturday.
Addressing a joint press conference at the Chief Minister House, Qaim Ali Shah, Minister for Water and Power Raja Pervez Ashraf and Finance Minister Shaukat Tarin said the Planning Commission (PC) would set up 50 MW underground gasification plants, to be completed within a year by using “indigenous technology” with help of nuclear scientist Dr Samar Mubarakmand.
They said the Engro would set up a 1,000 MW power plant, which would be a joint venture of the Sindh government and the Engro.
They said Pepco would establish a 1,000 MW gasification plant. A private firm, Coujar, would also set up a 400 MW gasification plant, they added.
Tarin said both the federal and provincial governments would invest Rs 80 billion on infrastructure development in Thar in two to five years to facilitate investors for utilising 185 billion metric tonnes of coal there. He said diesel and fertiliser could also be made through underground gasification.
Qaim said initially, they had “reservations” over the gasification plants, but in the Saturday’s meeting, Dr Samar gave a satisfactory presentation. He said the PC would set up a pilot project of 50 MW through gasification, which would be followed by other such plants.
He said these projects would not only be beneficial for Sindh, but the country as well, as it would bring income, generate employment and improve the overall economy. He said infrastructure facility like water and airport and others would be provided to the investors.
Pervez Ashraf said these power projects would help overcome electricity crisis and fill a gap between demand and supply. He said another challenge before the government was to provide electricity at affordable rates. He said power generated through coal would cost Rs 2-3 per unit, while at present, its cost was Rs 8-9 per unit.
He said the purpose was to meet energy needs of the country, which would be increased up to 54,000 MW by year 2015. He said apart from utilising coal reserves, Ecnec approved recently construction of the Bhasha Dam for identical purpose.
He regretted that 185 billion metric tonnes of coal was not utilised in the past because of “different reasons.” He expressed the hope that the Thar coal reserves would “turn around” the economy of the country.
Tarin said work on transmission line of 5,000 MW would be started immediately, while within two-three years, work on 5,000 MW power would be started to generate 10,000 MW by year 2020.
He lamented that share of coal in the energy sector was negligible at present, though 48 per cent of the energy in the world was generated through coal, while its share in China’s energy stood at 70 per cent, and 54 per cent in India. He said the Thar coal reserves were put in “cold storage”, while its value was equal to oil resources of both Saudi Arabia and Iran. He said Thar had good quality of coal, from which up to 100,000 MW power could be generated for 200-300 years. “Today, we have taken the first step,” he said, adding that it was their first priority. He said the Engro would increase the capacity of its power plant up to 4,000 MW within the five to six years, while the capacity of 50 MW gasification plant would be increased up to 1,000 MW within three years.
Similarly, Pepco and Coujar would also progressively increase the capacity of their power plants. He said they wanted to bring “sanity” in the escalating prices of energy by utilising coal and initiating wind and solar energy projects in the future.
Answering a question, Qaim said it was a dream of slain Benazir Bhutto, who had initiated a project to generate 8,000 MW power within five-seven years during her tenure.
Source:The News
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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Australian Coal Association
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
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