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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 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- PTC India Limited - India
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
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