We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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$600 billion,” he said.
“Coal will still be the most viable source of energy for us in India. Currently, some 70 percent of our electricity needs are derived from coal-fired power plants. Perhaps that will increase further in the future as I don’t see other more viable sources other than coal.”
India expects per capita consumption to rise from 612 KWh to around 1,000 KWh in the next few years.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
|
|
|
Showing 6501 to 6505 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
|
| |
| |
|
