spp what a gift to multiple holders (longs), page-4

China and India will be coal importers soon .....Victoria is the logical answer with Coldry plants....will TL get the nod ? Surely if they are paying the capex you would think......but who knows ?


Friday, 13 Mar 2009

"He added that "India would become a huge importer of coal, owing to all the super critical coal fired power stations that India was building and China, which had been a small net exporter of coal, would become a significant importer.

India was planning, through 18 projects, to introduce an additional 30,000 MW of capacity, more than H1 of which would be coastal, which meant that India would be importing the necessary coal.

India, which had begun its new build program was experiencing difficulty in securing its coal supplies and was buying reserves in Indonesia."

Mr Topper said that he was expecting changes to the dynamics of the international coal trade, which would put upward pressure on prices."

http://steelguru.com/news/index/2009/03/13/ODU5NzU%3D/World_dependence_on_energy_coal_set_to_grow_-_Report.html