We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
 Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdles if Indonesia, the second largest supplier of thermal coal, goes ahead with plans to cap coal exports to serve domestic demand.
Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, Indonesia, said last week that the government proposes to cap coal exports at around 150 million tonnes (mt) a year in a bid to guarantee supplies for domestic power plants. This will be part of domestic market obligation regulations that will come into effect this year.
That’s bad news for at least a third of the upcoming Indian power projects that hope to run their plants using imported coal, mainly from Indonesia. Leading power sector players such as Tata Power, Reliance Power and GMR Energy have already acquired coal mines in Indonesia. In the last two years, almost all power project developers like state-owned National Thermal Power Corporation (NTPC), Essar Power, Adani power, JSW Energy, Indiabulls Power and Lanco Infratech are scouting for coal mines in Indonesia, to fuel some of their proposed power projects.
Two of the four 4,000 Mw ultra mega power projects (UMPP)s awarded by the government — Mundra of Tata Power and Reliance Power's Krishnapatanam, are entirely dependent on imported coal.
"It is estimated that developers of about 25,000 Mw of proposed power projects are planning to import coal from that country. This is expected to go up when more power projects come up," said Sanjay Sethi, executive director, Kotak Investment Banking.
Indonesia, which is expected to soon topple Australia as the largest coal exporter, is the most preferred destination for Indian players for its proximity to the country, which means lower freight charges.
The quality of Indonesian coal is also much better than Indian coal. The calorific value (which means production of energy) of Indonesian coal ranges between 5,000 and 6,000 kilo calories per kilogram (kcl/kg); for Indian coal it is only 3,000-3,500 kcl/kg.
Companies are, however, playing down the problem. "Out of our entire portfolio of about 34,000 Mw of power projects, only the Krishnapatanam UMPP is dependent on imported coal. It requires only 13 to 14 mt a year and the impact will be minimal," said a top Reliance Power executive. The Anil Dhirubhai Ambani Group (ADAG) company had acquired three coal mines in Indonesia with total reserves of two billion tonne.
Tata Power, which owns 30 per cent in Indonesian coal major Bumi Resources, is planning to use imported coal for the Mundra UMPP and the 2,400 Mw Dehrand power project in coastal Maharashtra. Its plans are to source 10.1 mt a year with 20 per cent plus or minus every year from Bumi Resources.
“We have to wait and watch the move, as this may force Indian companies to focus more on other coal markets such as Mozambique, South Africa or Australia. Our capacity addition programme is not mainly dependent on imported coal,” said R V Shahi, former Union power secretary and one of the architects of India's ambitious capacity addition plans.
An Essar Power spokesperson said out of the 4,650 Mw of projects in its basket, only a 1,200 Mw power project coming up in Gujarat is dependent on imported coal. “We are exploring various countries, including Indonesia, to get fuel linkage for this project,” he said.
The Indian power sector is expected to face a shortage of 74 mt of coal by 2012, according to data from the Central Electricity Authority (CEA).
The Indian power sector is expected to face a shortage of 74 mt of coal by 2012, according to data from the Central Electricity Authority. The shortage during the current fiscal may be about 40 mt as Coal India is expected is supply less than 300 mt, during the current fiscal.
Out of the 78,700 Mw capacity addition target under the 11th plan, close to 59,700 Mw is to come from thermal power sector.
Indonesia’s demand for coal will increase significantly in the coming years as power plants from the government’s 10,000 Mw electricity crash program would begin operations by 2011.
Indonesia’s coal production this year is targeted at 230 mt and of this as much as 161.5 mt are up for exports to various countries, mainly to India and China, said the Indonesian official.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
|
|
|
Showing 6336 to 6340 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Indika Energy - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
|
| |
| |
|
