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Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal to 28 million tonnes from 25 million tonnes envisaged earlier.
Mr H S Brahma power secretary told reporters we are planning to double the import quantity in the next financial year. He added that "The coal import target for the current financial year is now 28 million tonnes and 53 million tonnes for fiscal 2010-11.”
The ministry had earlier said that the state power utilities and electricity boards would import 25 million tonnes of their total dry fuel requirement during the current financial year. Of the targeted quantity of 28 million tonnes for this fiscal, power generator NTPC has bee n assigned the task of sourcing 12.5 million tonnes. The total fuel requirement of the company for the current fiscal stands at 125 million tonnes.
Mr Brahma said that "Of the 28 MT NTPC would import 12.5 million tonnes. It has already imported 9 MT and the remaining would be imported by the fiscal end.” He added that the current installed power generation capacity of the country stands at 153000 MW out of which coal based t hermal power comprises over 50% capacity at 81000 MW.
Meanwhile, Coal India which plans to import 4 million tonnes of the fuel is still awaiting orders from the power companies for shipping the raw material.
Source: PTI / Steel Guru
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Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
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- The State Trading Corporation of India Ltd
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- Alfred C Toepfer International GmbH - Germany
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