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Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the current fiscal year, D.C. Garg, chairman of the company's subsidiary Western Coalfields Ltd told Reuters.
The country's demand for coal is rising, particularly from the steel and the power sectors which are expanding capacity, but domestic coal output targets are being scaled down because of delays in several projects.
"Demand will come out strongly," Garg said.
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“India's coal imports may rise to 50 million tons in 2011/12 from about 30 million tones as demand from steel plants is expected to rise” - D.C. Garg
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On Tuesday, Coal India, the country's largest coal producer, said it would miss its output target for the financial year that ends on March 31, and would scale down its output target for 2011/12 due to delayed projects.
Garg said India's coal imports may rise to 50 million tonnes in 2011/12 from about 30 million tonnes as demand from steel plants is expected to rise in step with capacity expansion.
Coal shortages have hit India's power output and firms such as the National Aluminium Corp have faced precariously low stocks of the fuel.
India's power generation in December grew 5.45 percent, but would have grown 6.5 percent if adequate coal was available at plants of NTPC Ltd
Source: Reuters
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Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...
Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...
Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...
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 ...
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- Gujarat Sidhee Cement - India
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- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
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- Global Coal Blending Company Limited - Australia
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- Mintek Dendrill Indonesia
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- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
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- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
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- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
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- Indian Energy Exchange, India
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- Energy Development Corp, Philippines
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- Goldman Sachs - Singapore
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- Mjunction Services Limited - India
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- Petron Corporation, Philippines
- PTC India Limited - India
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- Wilmar Investment Holdings
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- Singapore Mercantile Exchange
- Bhatia International Limited - India
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- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Ministry of Finance - Indonesia
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- CNBM International Corporation - China
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
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- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
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- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
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- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
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- Indika Energy - Indonesia
- Latin American Coal - Colombia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
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- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
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- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
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- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
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- Barasentosa Lestari - Indonesia
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- The State Trading Corporation of India Ltd
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- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
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- The University of Queensland
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- Antam Resourcindo - Indonesia
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- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
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- Minerals Council of Australia
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- Planning Commission, India
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- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
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- Semirara Mining and Power Corporation, Philippines
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- Parliament of New Zealand
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