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Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
 CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increase of more than 500 thousand metric tons of coal demand in a year until 2014.
A data from the DOE revealed that demand for coal in the Philippines is projected to reach at an average of 16 million metric tons by 2014, while new power plants now being built.
By the end of 2009, coal orders nationwide is seen to touch the 14 million metric tons level, from the 13 million it posted last year.
According to DOE senior science specialist Ronaldo Pendor, coal is becoming a very valuable commodity in the coming years.
DoE data further showed that coal consumption in 2007 was at 10.2-million MT, with power generation firms eating up 73.67 percent of the share at 7.5-million MT.
This was followed by cement companies with 2.2-million MT, and industrial firms at 449,701 MT.
Semirara Island, in Antique accounted for 3.5-million MT in coal production in 2007, which totaled 3.74-million MT, or 93.59 percent market share. In the Visayas, total coal production in Cebu was at 15, 438 MT and Negros with 1, 259 MT.
Coal importation in 2007 was dominated by the Indonesian market at 5.6-million MT, followed by China (1.04-million MT), Vietnam (473,032 MT), and Australia (650,000 MT).
The Philippines has to source out coal from countries like Indonesia whose coal component is “superior” compared to those found here.
Coal resources found in the country include lignite coal, hard coal, and sub-bituminous coal.
DoE 2007 data also showed that the country’s total coal reserves is at 2.4-billion MT, with positive reserves at 310-million MT and total mineable reserves at 329-million MT.
Cebu, in particular, showed coal reserves of 165-million MT, 6.9-million MT of positive reserves and 7-million MT of mineable reserves.
Pendor said the entry of more power generation firms in the next two to three years is seen to drive the demand for coal as a source for fossil fuel.
In Cebu, power consortium Cebu Energy Development Corp., composed of the Aboitiz Power Corporation, Formosa Holdings Inc., Global Business Power Corporation and Vivant Power Corporation, is now fast tracking the development of a 246-megawatts (MW) coal-fired power plant in Toledo City, Cebu. The plant is said to utilize some 300,000 MT of coal per month.
The first of the three 82-MW unit is expected to be operational by February 2010, which would address the supply and reliability problems of Cebu’s power industry.
Pendor also cited potential areas for coal mine-mouth power plants are found in Cagayan Valley for a 200-MW plant, Isabela (100-MW), Semirara, Antique (300-MW), and Sultan Kudarat (200-MW).
Earlier, Aboitiz Power Corporation (AP) president Erramon Aboitiz said that as of this time, in the Philippines, is it still expensive to source energy from renewable sources, thus utilizing imported fuel, and coal still a practical choice.
Source: PhilStar
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Tuesday, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...
Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...
Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...
Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...
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- Mjunction Services Limited - India
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- Mintek Dendrill Indonesia
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- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- Indian Energy Exchange, India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
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- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
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- Metalloyd Limited - United Kingdom
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
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- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
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- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- The University of Queensland
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
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