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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian economy expands at a fast clip.
New steel and cement industries coming up in India are also hungry for the 'black gold', pushing up its imports. Here are some facts, projections and issues surrounding India's coal industry:
Basic facts
India produced 492.95 million tonnes of coal in 2008/09, up 7.8% from 457.08 million tonnes in the previous year. Imports of coal were 59 million tonnes in 2008/09, against 49.7 million tonnes in the previous year.
Coking coal, used mainly in steel, is mostly imported from Australia. Non-coking coal that is consumed by power and cement is imported from Indonesia and South Africa.
| “India produced 492.95 million tons of coal in 2008/09 and imported 59 million tons coal in 2008/09, against 49.7 million tons in 2007/2008” |
There are 556 coal mines in India, mostly owned by the government and located primarily in east and south central regions of the country. State-owned Coal India Ltd, with its 7 subsidiaries, is the largest miner holding 75% of India's coal market.
Projections, Issues
India's coal production is expected to reach 675 million tonnes by 2012, with 459 million tonnes available for power firms. Coal imports will continue to get bigger with acquisitions and collaborations seen with coal mines in Australia, Indonesia and Mozambique.
Import requirement is seen at 135 million tonnes by 2012, but it may be hampered by congested ports and problems of rail linkages from ports to plants.
SOURCES: Ministry of Coal, Coal India Ltd, Karvy Stock Broking.
Source: moneycontrol
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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
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- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Bhatia International Limited - India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Minerals Council of Australia
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Planning Commission, India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
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