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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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Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
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- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- PTC India Limited - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Australian Coal Association
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