Regional Coal: Guangdong Power Group seeks coal supply from overseas

Guangdong Yuedian Group, the biggest power generating enterprise in South China's Guangdong Province, is seeking for establishment of a stable coal supply chain overseas, with target set at some Southeast Asian countries such as Vietnam, Indonesia, and Australia, Asiapulse reported Friday.

Facing the national coal and transportation crunch, the group, besides purchasing coal in China's major coal production bases including Shanxi, Inner Mongolia and Shandong, also has turned its eyes to overseas market. It has sent delegations to Indonesia, Australia and Malaysia for a study tour of local coalmines and ports, aiming to found a coal supply base overseas. They have visited Bengkulu Coal Mine and PT. SSKd Coal Company of Indonesia and the Anglo Coal Company of Australia.

It is reported that the group has founded the Guangdong Yuedian Navigation Co Ltd in cooperation with other companies including the Guangdong Power Development Co and the Guangdong Tianneng Investment Co Ltd in order to ensure supply of coal by sea for the existing thermal power generating equipment and the future new units, and control costs on transportation of coal.

Based on a power development plan of the group, the installed capacity of electric power of the group needing coal shipped by the sea will reach 11.85 million kW by 2007, 17.85 million kW by 2010 and 27.45 million kW by 2020, needing coal supply of 29.63 million tons, 44.63 million tons, and 68.63 million tons. The coal will be shipped by the sea.(*)