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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
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Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space
* RBCT must approve any change of ownership
Reuters reported that, South Africa's Shanduka Co ...
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- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- The University of Queensland
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
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