Sunday, 11 Dec 2011
China Knowledge reports according to China new steel industry blueprint for its 12th 5 year Plan estimates it could go as high as 1.13 billion tonnes over the next three years.
1. Last year, China consumed 920 million tonnes of iron ore. The country imported 618 million tonnes of iron ore from 40 countries last year, which accounted for 67% of the total consumption up from 35% ten years ago.
2. In the first ten months, China iron ore imports grew 10.9%YoY and its domestic output of the mineral grew at a fast pace of 26.4%.
(sourced from Mining.com)
Showing posts with label 12th Five year plan. Show all posts
Showing posts with label 12th Five year plan. Show all posts
Sunday, December 11, 2011
Tuesday, November 29, 2011
India to meet coal shortfall through imports in 12th Plan period
Tue, Nov29, 2011
NEW DELHI (Commodity Online): India will meet its shortfall of Coal at the end of the Twelfth Five Year Plan period through imports of coal by end users as per their requirement as coal is an item under Open General Licence (OGL), according to the Pratik Prakashbapu Patil , Minister of State in the Ministry of Coal.
Main reasons for shortfall in production include delay in environmental & Forestry Clearance of major projects, R&R issues & land acquisition problems, inadequate availability of railway wagons in different coalfields, Law and order problems and Excessive rainfall during the current year in major coalfields.
Production target and achievement during the Eleventh Five Year Plan i.e. from the year 2007-08 to 2011-12 (April – October 2011) is as under:-
During the 2007-08 fiscal, target was 460.50 mt (achieved 457.08 mt), in 2008-09, it was 497.29 mt (492.76 mt), in 2009-10, 532.33 mt (532.04 mt), for 2010-11, 572.37mt (533.08 mt), for the current fiscal 554mt (262.03 upto oct 2011).
Mean while the India Government has allocated 43 coal blocks during the last three years and the current year. But none of these coal block allocated have come into production, according to the Minster.
The Minister said that one of the conditions of allocation of coal block is that coal production from the blocks shall commence within 36 months (42 months in case the area is in forest land) in case of open cast mines and within 48 months (54 months in case the area is in forest land) of the date of issue of letter of allocation in case of underground mines. Further 24 months time would be allowed in case of unexplored blocks.
The allocation letter also stipulates that the allocation of coal block may be cancelled, interalia, on the ground of unsatisfactory progress in the development of coal mining project. In order to expedite the development of the coal blocks, various review meetings were held from time to time with the representatives of allotee companies. Based on the recommendations of various review meetings and also keeping in view the facts and circumstances, action is taken against the coal block allotees where progress is unsatisfactory.
As per the assessment made by the Central Electricity Authority (CEA), the coal requirement for the power plants designed on indigenous Coal has been estimated at 457 Million Tonnes during 2011-12. Against this requirement, the coal availability from the indigenous sources has been estimated at 405 Million Tonnes and the balance has to be met through imports by power utilities. Ministry of Power has fixed import target of 35 Million Tonnes, which is considered equivalent to about 52 Million Tonnes of indigenous coal due to higher calorific value of imported coal, for import by the power utilities during 2011-12. Pratik Prakashbapu Patil informed Rajya Sabha.
To ensure that targets are met, the coal supplies to the power utilities are monitored regularly by an Inter-Ministerial Sub group constituted in Ministry of Coal which also issues necessary directions for meeting any contingent situations relating to coal supplies to power utilities. Further, the Secretary (Co-ordination), Cabinet Secretariat periodically reviews the position of coal supplies to power utilities.
Demand and supply of coal
Central Government does not import coal. Under the present import policy of the Government, Coal is placed under Open General License (OGL) and can be freely imported by anyone in the country on payment of applicable import duty, according toPratik Prakashbapu Patil , Minister of state in the Ministry of Coal.
The minister said that the Coal Regulatory Authority is proposed to be set up to regulate and conserve resources in the coal sector; protect the interests of consumers and producers of coal and for matters connected therewith or incidental thereto. The proposed Regulator is expected to create a level playing field for all players in the coal sector and facilitate faster resolution of issues relating to economic pricing of coal, bench marking of standards of performance etc.
At present, suitable incorporation of these changes/suggestions is being examined in consultation with the Ministry of Law. Once finalized, the draft Bill would be submitted for the approval of the competent authority.
The coal demand of various sectors is finalized by the Ministry of Coal/Planning Commission on annual basis, after discussions with all the stakeholders. The production and supply position of the Government coal companies are periodically monitored at the coal company level and reviewed by the Ministry of Coal.
sourced CommodityOnline
NEW DELHI (Commodity Online): India will meet its shortfall of Coal at the end of the Twelfth Five Year Plan period through imports of coal by end users as per their requirement as coal is an item under Open General Licence (OGL), according to the Pratik Prakashbapu Patil , Minister of State in the Ministry of Coal.
Main reasons for shortfall in production include delay in environmental & Forestry Clearance of major projects, R&R issues & land acquisition problems, inadequate availability of railway wagons in different coalfields, Law and order problems and Excessive rainfall during the current year in major coalfields.
Production target and achievement during the Eleventh Five Year Plan i.e. from the year 2007-08 to 2011-12 (April – October 2011) is as under:-
During the 2007-08 fiscal, target was 460.50 mt (achieved 457.08 mt), in 2008-09, it was 497.29 mt (492.76 mt), in 2009-10, 532.33 mt (532.04 mt), for 2010-11, 572.37mt (533.08 mt), for the current fiscal 554mt (262.03 upto oct 2011).
Mean while the India Government has allocated 43 coal blocks during the last three years and the current year. But none of these coal block allocated have come into production, according to the Minster.
The Minister said that one of the conditions of allocation of coal block is that coal production from the blocks shall commence within 36 months (42 months in case the area is in forest land) in case of open cast mines and within 48 months (54 months in case the area is in forest land) of the date of issue of letter of allocation in case of underground mines. Further 24 months time would be allowed in case of unexplored blocks.
The allocation letter also stipulates that the allocation of coal block may be cancelled, interalia, on the ground of unsatisfactory progress in the development of coal mining project. In order to expedite the development of the coal blocks, various review meetings were held from time to time with the representatives of allotee companies. Based on the recommendations of various review meetings and also keeping in view the facts and circumstances, action is taken against the coal block allotees where progress is unsatisfactory.
As per the assessment made by the Central Electricity Authority (CEA), the coal requirement for the power plants designed on indigenous Coal has been estimated at 457 Million Tonnes during 2011-12. Against this requirement, the coal availability from the indigenous sources has been estimated at 405 Million Tonnes and the balance has to be met through imports by power utilities. Ministry of Power has fixed import target of 35 Million Tonnes, which is considered equivalent to about 52 Million Tonnes of indigenous coal due to higher calorific value of imported coal, for import by the power utilities during 2011-12. Pratik Prakashbapu Patil informed Rajya Sabha.
To ensure that targets are met, the coal supplies to the power utilities are monitored regularly by an Inter-Ministerial Sub group constituted in Ministry of Coal which also issues necessary directions for meeting any contingent situations relating to coal supplies to power utilities. Further, the Secretary (Co-ordination), Cabinet Secretariat periodically reviews the position of coal supplies to power utilities.
Demand and supply of coal
Central Government does not import coal. Under the present import policy of the Government, Coal is placed under Open General License (OGL) and can be freely imported by anyone in the country on payment of applicable import duty, according toPratik Prakashbapu Patil , Minister of state in the Ministry of Coal.
The minister said that the Coal Regulatory Authority is proposed to be set up to regulate and conserve resources in the coal sector; protect the interests of consumers and producers of coal and for matters connected therewith or incidental thereto. The proposed Regulator is expected to create a level playing field for all players in the coal sector and facilitate faster resolution of issues relating to economic pricing of coal, bench marking of standards of performance etc.
At present, suitable incorporation of these changes/suggestions is being examined in consultation with the Ministry of Law. Once finalized, the draft Bill would be submitted for the approval of the competent authority.
The coal demand of various sectors is finalized by the Ministry of Coal/Planning Commission on annual basis, after discussions with all the stakeholders. The production and supply position of the Government coal companies are periodically monitored at the coal company level and reviewed by the Ministry of Coal.
sourced CommodityOnline
China to create 12 super-large coal firms with capacity over 100 million mt
Tuesday, 29 November 2011
According to new guidelines issued by the China National Coal Association (CNCA) for China's 12th five-year plan period, by the end of the period the number of large-scale coal enterprises in China is to be reduced to 4,000, including 12 super-large coal enterprises with annual output capacity above 100 million mt and a further 16 super-large coal enterprises with annual output capacity between 50 million mt and 100 million mt.
Meanwhile, according to the guidelines, the overall number of coal mines in China is to be kept below 10,000.
Tags: coking coal , raw mat , China , Far East , production , mining , East Asia and Pacific
Sourced:SteelOrbis
According to new guidelines issued by the China National Coal Association (CNCA) for China's 12th five-year plan period, by the end of the period the number of large-scale coal enterprises in China is to be reduced to 4,000, including 12 super-large coal enterprises with annual output capacity above 100 million mt and a further 16 super-large coal enterprises with annual output capacity between 50 million mt and 100 million mt.
Meanwhile, according to the guidelines, the overall number of coal mines in China is to be kept below 10,000.
Tags: coking coal , raw mat , China , Far East , production , mining , East Asia and Pacific
Sourced:SteelOrbis
Tuesday, October 4, 2011
Coal India may invest up to INR 40000 core in 12th Plan
Tuesday, 04 Oct 2011
ET reported that State-run Coal India today said it may invest up to INR 40,000 crore in the 12th Plan Period ending 2017 towards mines development for augmenting production.
Mr NC Jha CIL Chairman said "We will spend anything between INR 35,000 crore to INR 40,000 crore in the 12th Plan Period for development of new projects, buying machinery and building washeries, among others."
Mr Jha said that against the company's investment target of INR 35,000 crore during the 11th Plan Period, CIL might end the five-year period with an actual investment of less than INR 25,000 crore.
He said that "There were lot of bottlenecks because of which we could not move ahead with our entire investment proposals in the 11th Plan Period, adding that during the 12th Plan, the production target is more which warrants more investment.”
Mr Jha said CIL has set a production target of 556 million tonne by 2016-17 against the country's projected demand of 965 million tonnes in the terminal year of the 12th Plan Period. He said that "Overall, country's coal production, including by captive miners is likely to be 700 million tonne by 2016-17. So, we will have to import the remaining to meet demand."
Mr NC Jha said that overseas coal assets acquisition program of the company was not moving ahead as was expected and hence, the focus of the company in the next Plan Period would be on developing mines within the country.
CIL had earlier announced that it plans to put up 20 new washeries with a combined capacity of 111.1 million tonnes. It has 17 such washeries now.
(Sourced from Economic Times)
ET reported that State-run Coal India today said it may invest up to INR 40,000 crore in the 12th Plan Period ending 2017 towards mines development for augmenting production.
Mr NC Jha CIL Chairman said "We will spend anything between INR 35,000 crore to INR 40,000 crore in the 12th Plan Period for development of new projects, buying machinery and building washeries, among others."
Mr Jha said that against the company's investment target of INR 35,000 crore during the 11th Plan Period, CIL might end the five-year period with an actual investment of less than INR 25,000 crore.
He said that "There were lot of bottlenecks because of which we could not move ahead with our entire investment proposals in the 11th Plan Period, adding that during the 12th Plan, the production target is more which warrants more investment.”
Mr Jha said CIL has set a production target of 556 million tonne by 2016-17 against the country's projected demand of 965 million tonnes in the terminal year of the 12th Plan Period. He said that "Overall, country's coal production, including by captive miners is likely to be 700 million tonne by 2016-17. So, we will have to import the remaining to meet demand."
Mr NC Jha said that overseas coal assets acquisition program of the company was not moving ahead as was expected and hence, the focus of the company in the next Plan Period would be on developing mines within the country.
CIL had earlier announced that it plans to put up 20 new washeries with a combined capacity of 111.1 million tonnes. It has 17 such washeries now.
(Sourced from Economic Times)
Sunday, September 11, 2011
Coal demand to go up to 1000 MT by 12th Plan-end: Plan Panel
September 11, 2011
Delhi: The Planning Commission has estimated the country's coal demand to go up to 1,000 million tonne (MT) by the end of the 12th Plan period (2012-2017), necessitating over 200 MT imports.
"... The domestic output is unlikely to exceed 750 MT leaving more than 200 MT shortfall to be met from imports. Even this assumes that the domestic output will be able to increase by over 200 MT from current levels," it said in an approach paper for the 12th Plan Period.
The Planning Commission said the demand for coal rose by about 8% a year during the 11th Plan and may rise by about the same magnitude during the next Plan.
"Coal output expanded at about 7% per year in the five-year period for FY05 to FY10, with specially strong growth in both FY09 and FY10," it said.
However, in FY11, coal production remained stagnant, it said, adding that the domestic coal output was originally targetted to reach 680 MTPA in the 11th Plan. It was scaled down to 630 MT in the Mid-Term Appraisal.
The Planning Commission said uncertainties in coal supply were affecting the power generation.
"Coal India is not entering into Fuel Supply Agreements for more than 50% of the requirement of the thermal plants, and that too only for five years," the Planning Commission said.
The Commission also added that private sector investors in power generation were unlikely to able to access financing from banks if there is uncertainty over coal supplies.
Stressing on aligning domestic and international prices, it said that Coal India should explore the possibility of developing a mechanism to enable power producers procure a mix of domestic and imported coal consistent with their technical constraints.
sourced BS Agency PTI
Delhi: The Planning Commission has estimated the country's coal demand to go up to 1,000 million tonne (MT) by the end of the 12th Plan period (2012-2017), necessitating over 200 MT imports.
"... The domestic output is unlikely to exceed 750 MT leaving more than 200 MT shortfall to be met from imports. Even this assumes that the domestic output will be able to increase by over 200 MT from current levels," it said in an approach paper for the 12th Plan Period.
The Planning Commission said the demand for coal rose by about 8% a year during the 11th Plan and may rise by about the same magnitude during the next Plan.
"Coal output expanded at about 7% per year in the five-year period for FY05 to FY10, with specially strong growth in both FY09 and FY10," it said.
However, in FY11, coal production remained stagnant, it said, adding that the domestic coal output was originally targetted to reach 680 MTPA in the 11th Plan. It was scaled down to 630 MT in the Mid-Term Appraisal.
The Planning Commission said uncertainties in coal supply were affecting the power generation.
"Coal India is not entering into Fuel Supply Agreements for more than 50% of the requirement of the thermal plants, and that too only for five years," the Planning Commission said.
The Commission also added that private sector investors in power generation were unlikely to able to access financing from banks if there is uncertainty over coal supplies.
Stressing on aligning domestic and international prices, it said that Coal India should explore the possibility of developing a mechanism to enable power producers procure a mix of domestic and imported coal consistent with their technical constraints.
sourced BS Agency PTI
Tuesday, March 8, 2011
China targets 3.5% cut in energy, carbon intensity in 2011
Tue,Mar08, 2011
BEIJING, March 8 (Xinhua) -- China aims to reduce energy consumption per unit of GDP by 3.5 percent in 2011 from the level a year ago, an official with the country's top planner said on Tuesday.
Carbon dioxide emission is also set to be slashed by 3.5 percent, said Li Pumin, spokesman of the National Development and Reform Commission (NDRC), which is in charge of energy-saving work.
Emissions of major pollutants including sulfur dioxide and (COD) chemical oxygen demand will fall 1.5 percent, Li told an online interview.
Chinese government vowed to make its economy greener in the forthcoming five years after brisk economic growth at the cost of heavy pollution and resource use proved to be unsustainable.
According to the draft 12th Five-year Plan (2011-2015) for China's economic and social development, the nation aims to reduce energy consumption per unit of GDP by 16 percent in the five years to 2015. Carbon dioxide emission will drop by 17 percent.
BEIJING, March 8 (Xinhua) -- China aims to reduce energy consumption per unit of GDP by 3.5 percent in 2011 from the level a year ago, an official with the country's top planner said on Tuesday.
Carbon dioxide emission is also set to be slashed by 3.5 percent, said Li Pumin, spokesman of the National Development and Reform Commission (NDRC), which is in charge of energy-saving work.
Emissions of major pollutants including sulfur dioxide and (COD) chemical oxygen demand will fall 1.5 percent, Li told an online interview.
Chinese government vowed to make its economy greener in the forthcoming five years after brisk economic growth at the cost of heavy pollution and resource use proved to be unsustainable.
According to the draft 12th Five-year Plan (2011-2015) for China's economic and social development, the nation aims to reduce energy consumption per unit of GDP by 16 percent in the five years to 2015. Carbon dioxide emission will drop by 17 percent.
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