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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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Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
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- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
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