THE FUTURE OF COKE INDUSTRY IN INDIA Devendra K Ojha Chairman, Global Coke Limited
Dec 26, 2015
THE FUTURE OF COKE INDUSTRY IN INDIA
Devendra K OjhaChairman, Global Coke
Limited
Disclaimer
The views expressed here contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Any forward looking information in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect. This presentation should not be relied upon as a recommendation or forecast by Global Coke Limited.
Ideally the Coke Industry should locate
At the pithead, run by the miners At the plant head, run by the steel
makers
India is unique
Because of the proliferation merchant coke makers
Located on the coasts Dependent on 100 % imported coal
Are they viable?
Not Unless
They secure supplies Attain minimum scale of operations Co generate electricity Master the art of blending Optimise the logistics
The Global Coke story in context:Supply
Supply secured for the next 12 years Stake in only operating mine in
Mozambique Assured quality Extremely favourable logistic costs Long term contracts with mining
companies around the world
The global coke story in context:Demand
Favourable location of plants Sold out order book position Growing demand in the immediate
radius Repeat orders from existing
customers
The global coke story in context:Production
All plants with waste heat recovery mechanism
Additional benefits of Carbon credits Trained manpower Professional management with
proven capabilities of unlocking values and wealth creation
The global coke story in context:Synergies
Singapore operations for global reach
Own jetty to foster coastal shipping Plans to foray into shipping to have
greater control of logistics Berge operations in Mozambique Advantage of prime mover in
emerging destination
Future Plans
Million ton plants in all four corners of India
Coal Washery in Mozambique Secure supply route from
Mozambique Aggressively acquire overseas asset
plays
Points to ponder
India’s energy hunger does not mean that we will consume all that we produce
India can cater to markets both in Europe and the Far East
Possibilities joint ventures
It’s a global village
Resource of Mozambique London listed entity Indian coke maker …. …. Why rule out more diverse
stakeholders Or more exotic destinations?
Responsible Resource Management
Scarce resources Need for latest technologies for
optimal usage More co operation between
stakeholders For sustainable development Inclusive growth Wealth creation
TWO PREDICTIONS
Coke will become increasingly dearer calling for an Indian Steel Alliance
Coke price will be the critical factor for Global Steel Competitiveness
The writing on the wall is clear
History will not be kind to us, if we fail to pick up the gauntlet
Thank You