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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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Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...
Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batuba ...
Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...
Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009
Analysis of Asia Coal Market amid Global Financial Crisis
COALspot.com(Chin ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
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- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
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- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
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- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Aditya Birla Group - India
- VISA Power Limited - India
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- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- MS Steel International - UAE
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
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- The University of Queensland
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
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- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
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