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Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
 The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mines and buy more ships to strengthen its position in coal trading in the country,
“We see Indonesia, as a major producer of coal, as the right place to invest. It is part of our strategy to secure our coal supply in the long term,” the Group’s president director and CEO Ahmed A. R.
Buhari said last week in an interview.
Buhari pointed out that the coal mine his company planned to acquire should have a production capacity of at least five million tons per year, whether in Sumatra or Kalimantan.
“We’ll use it to fire our Coastal Energen power plant in India that will have a generation capacity of 1,200 megawatts when it starts operation in 2012,” he said.
The company is developing a coal-fired 2,400 megawatt Coastal Energen power plant. The first phase of it will be in operation in 2012 with a capacity of 1,200 MW.
“After that we’ll build the second phase that will add another 1,200 MW capacity. For that we’ll need more coal from other countries especially from Indonesia,” he said.
According to him, for the next few years his firm planned to increase its coal imports to India by about 500 percent from 5 million tons currently to 25 million tons per year.
About 70 percent of the coal will come from Indonesia, while the rest will be imported from South Africa and Australia.
So far, to secure its coal supply for the Coastal Energen Power Plant, it has signed a number of deals with several coal firms in Indonesia to buy around 5 million tons of coal per year from the country.
He quoted a report by McKinsey, which said that as India is continuing to raise its per capita consumption of electricity, India’s total imports of coal will increase by almost three times to 100 million tons by 2015. This year alone, India’s coal imports are predicted to jump by 19 percent to 39 million tons from 33 million tons last year.
India generates about 70 percent of its electricity from coal. The rest is generated from hydroelectricity, gas-fired plants and nuclear energy.
It has seen its electricity demand grow at between 8 and 10 percent per year during the last few years. Its current per capita consumption of electricity is 612 kilowatt per hour (KWh), which is higher than Indonesia’s 496 KWh but lower than that of China at 1,898 KWh and Singapore at 8,176 KWh.
The Indian government said it expects per capita consumption to rise from 612 KWh to around 1,000 KWh per year in the next few years.
“Actually, our total demand in India will rise from 120 gigawatt (GW) to around 335 GW by 2017. To do that we will need a total investment of US$600 billion,” he said.
“Coal will still be the most viable source of energy for us in India. Currently, some 70 percent of our electricity needs are derived from coal-fired power plants. Perhaps that will increase further in the future as I don’t see other more viable sources other than coal.”
India expects per capita consumption to rise from 612 KWh to around 1,000 KWh in the next few years.
Source: The Jakarta Post
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Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
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- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
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