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Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private sector power projects under implementation include the 600 MW Tornagallu project promoted by JSW Energy Ltd. This project’s imported coal requirements would be in the region of under one million tonnes a year.
Coal from Indonesia is of high quality with a calorific value of about 3100 kilo calories a kg. The first unit of the JSWEL project entered commercial operations late last month. The second unit of 300 MW is expected to enter into commercial operations this month.
Both these projects are unlikely to be impacted by the Indonesian government’s annual coal export cap of 150 million tonnes. Mr Krishna Deshika JSWEL’s joint group Chief Financial Officer said that “This cap will not have any effect on us or any of our projects.”
This was in view of the fact private sector buyers have already entered into long-term contractual purchases with suppliers. JSW Energy has 25 year agreement with coal suppliers, with prices linked to the Raymond Bay index.
However, the affected parties are likely to be importers such as Karnataka Power Corporation Ltd. Although KPCL’s current operating thermal power capacity is around 1,970 MW. Currently, coal supplies for the project are entirely from Coal India Ltd. But KPCL also imports coal for blending with domestic coal to contain fuel consumption.
Domestic thermal grade coal has a calorific value of about 6000 kilocalories. Consequently, coal requirements, if sourced from domestic mines, would be in the region of a little over 11 million tonne a year assuming a plant load factor of 85%. KPCL’s thermal units have been operating at these average PLFs for the current year so far.
Mr SM Jaamdar MD of KPCL said that “Blending of Indonesian coal brings down the consumption.
Source: Steel Guru, BL
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Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Latin American Coal - Colombia
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- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
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- Romanian Commodities Exchange
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- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
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- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
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- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
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- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
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- Wilmar Investment Holdings
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- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
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- White Energy Company Limited
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- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
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- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Eastern Energy - Thailand
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- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
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- Vedanta Resources Plc - India
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- Therma Luzon, Inc, Philippines
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