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Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's urgent energy needs, and he's been visiting coal mines in the eastern states of New South Wales and Queensland.
Presenter: Brendan Trembath
Speakers:
Sriprakash Jaiswal, India's Minister of State for Coal;
Arun Kumar Jagatramka, Chairman of Gujarat NRE Australia;
Aditya Jhun Jhunwala; Indian executive
BRENDAN TREMBATH: Coal is such as important commodity in India the nation has a minister for coal. His name is Sriprakash Jaiswal and he's in Australia this week.
SRIPRAKASH JAISWAL: It's my duty to visit all the countries where coal is available and Australia is one of those countries where coal is available and superior quality coal is available.
BRENDAN TREMBATH: India's Minister of State for Coal has been to see mines in the New South Wales Hunter Valley and in the Emerald region of Queensland.
He was underground again last night attending a cocktail party in his honour in the basement of a Sydney hotel.
Sriprakash Jaiswal says India is looking to secure more coal because more than half the nation's electricity comes from coal fired plants.
SRIPRAKASH JAISWAL: So we are in search of some foreign coal.
BRENDAN TREMBATH: India is coming in after the Chinese. Australia has a long standing relationship with the Chinese. Is that a disadvantage for you at all?
SRIPRAKASH JAISWAL: That doesn't make any difference. Our relationship, India and Australia relationship are very strong and very old.
BRENDAN TREMBATH: The cocktail party for the minister was hosted by an Indian mining executive whose company's first investment in Australia was an old mine just outside Wollongong. The renewed mine produces coking coal which is used to heat blast furnaces to make steel.
Arun Kumar Jagatramka says there's strong demand for both coking coal and the coal used to make electricity.
ARUN KUMAR JAGATRAMKA: They're growing at a very fast rate and India does not have enough resources to feed that demand. And from that perspective Australia has all the resources and Indian industries and Indian companies do need to take a long term view, do need to invest in resources and infrastructure and develop the infrastructure in Australia to be able to meet the longer term demand that is coming in India.
BRENDAN TREMBATH: Australia has a long term relationship with China, exporting coal to China, does it come as a disadvantage to come in second in this market?
ARUN KUMAR JAGATRAMKA: I don't think so. It is like China has already lubricated and prepared the venue for us. We only have to land.
Source: Radio Australia
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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
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