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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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Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
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- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Deloitte Consulting - India
- Posco Energy - South Korea
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
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