COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS


Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmission and distribution, is eyeing more feedstock from its Indonesian coal mines to fire its proposed thermal plants in India. Tata Power is planning to add 26,916 mw to generation capacity at its Haldia, Maithon and Mundra plants by 2013.

To feed its coal-fired plants, TPC had bought 30% in Kaltim Prima Coal (KPC) and PT Arutmin Indonesia (Arutmin), besides a trading company owned by PT Bumi Resources Tbk (Bumi Group) for a consideration of $1.1 billion a couple of years back. Tata Power has the rights to ship 11.7 million tonne per annum coal for its 4,000 mw Mundra ultra-mega power plant (UMPP), which is expected to be scaled up to 8,242 mw by 2013. Coal is the main feedstock for most of the UMPPs floated by the power utility.

Senior TPC officials told analysts that the company expects coal capacity at its Indonesian mines to rise from 60-75 mtpa to 100 mtpa in the near future. In 2009, the Indonesian assets produced 62.7 mt, with a realisation of $62 per tonne. TPC expects sales volume and realisation to remain firm from this asset, considering the recent uptick in coal prices.

The company recently won two captive coal blocks in India -- the Mandakini block in Orissa and the Tubed block in Jharkhand. The 7.5 mtpa Mandakini block is a three-way joint venture with Jindal Photo Films and Monet Ispat and Energy. All three partners have an equal share of 2.5 mtpa each in its output.

The Tubed block was allotted to Tatas with Hindalco as its partner. Hindalco will get 60% of the output, while 40% will go to the Tatas.

The Tata group has lined up Rs 23,600 crore for its power projects, of which Rs 55,000 crore will come from internal accruals and another Rs 18,000 crore as debt from domestic and foreign institutions. TPC has already tied up with IFC, ADB and K-Exim to fund the foreign currency part of the $3.2 billion debt of its $4.25 billion, 4,000 mw, coal-fired Mundra UMPP, which is slated to come up near Mundra Port in Gujarat.

Tata Power, along with rival Reliance Energy, is planning to add a whopping 22,477 mw of power to the national grid during the 11th Plan period (2007-12). This translates into 28% of the total 80,000 mw capacity-addition planned by the Centre during the 11th Plan period.
Source: 
Financial Express (By: P Vinod Kumar )



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...


Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...


Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much. The cape index continued to move up and wa ...


Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan. “We are exploring t ...


Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...


   1171 1172 1173 1174 1175   
Showing 5861 to 5865 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Port Waratah Coal Services - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • PetroVietnam
  • Pendopo Energi Batubara - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Neyveli Lignite Corporation Ltd, - India
  • Interocean Group of Companies - India
  • Formosa Plastics Group - Taiwan
  • GN Power Mariveles Coal Plant, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Coalindo Energy - Indonesia
  • Mitsui
  • ETA - Dubai
  • Price Waterhouse Coopers - Russia
  • Arutmin Indonesia
  • Banpu Public Company Limited - Thailand
  • Cemex - Philippines
  • Russian Coal LLC
  • Infraline Energy - India
  • Oldendorff Carriers - Singapore
  • Sindya Power Generating Company Private Ltd
  • OPG Power Generation Pvt Ltd - India
  • Eastern Energy - Thailand
  • Indonesia Power. PT
  • Bukit Makmur.PT - Indonesia
  • SUEK AG - Indonesia
  • Fearnleys - India
  • Geoservices-GeoAssay Lab
  • Essar Steel Hazira Ltd - India
  • Directorate Of Revenue Intelligence - India
  • ASAPP Information Group - India
  • Miang Besar Coal Terminal - Indonesia
  • Mercator Lines Limited - India
  • Bhatia International Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Tata Chemicals Ltd - India
  • Georgia Ports Authority, United States
  • Thermax Limited - India
  • ACC Limited - India
  • Minerals Council of Australia
  • Credit Suisse - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • CESC Limited - India
  • Siam City Cement PLC, Thailand
  • Ind-Barath Power Infra Limited - India
  • GNFC Limited - India
  • Adaro Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Goldman Sachs - Singapore
  • Petrosea - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Orica Australia Pty. Ltd.
  • KOWEPO - South Korea
  • Humpuss - Indonesia
  • JPower - Japan
  • Chettinad Cement Corporation Ltd - India
  • Vizag Seaport Private Limited - India
  • Tamil Nadu electricity Board
  • Australian Commodity Traders Exchange
  • Marubeni Corporation - India
  • Thomson Reuters GRC
  • PTC India Limited - India
  • Rudhra Energy - India
  • Dalmia Cement Bharat India
  • Kobe Steel Ltd - Japan
  • Indo Tambangraya Megah - Indonesia
  • Mechel - Russia
  • Merrill Lynch Bank
  • RBS Sempra - UK
  • Parry Sugars Refinery, India
  • Meralco Power Generation, Philippines
  • IBC Asia (S) Pte Ltd
  • Malabar Cements Ltd - India
  • Standard Chartered Bank - UAE
  • ING Bank NV - Singapore
  • IOL Indonesia
  • World Bank
  • KEPCO - South Korea
  • Platou - Singapore
  • Singapore Mercantile Exchange
  • Latin American Coal - Colombia
  • Panama Canal Authority
  • Mintek Dendrill Indonesia
  • U S Energy Resources
  • Grasim Industreis Ltd - India
  • CCIC - Indonesia
  • Jatenergy - Australia
  • Merrill Lynch Commodities Europe
  • The India Cements Ltd
  • Trasteel International SA, Italy
  • Vale Mozambique
  • International Coal Ventures Pvt Ltd - India
  • IMC Shipping - Singapore
  • Coeclerici Indonesia
  • Surastha Cement
  • GAC Shipping (India) Pvt Ltd
  • UBS Singapore
  • Rio Tinto Coal - Australia
  • Kobexindo Tractors - Indoneisa
  • UOB Asia (HK) Ltd
  • CoalTek, United States
  • SRK Consulting
  • DBS Bank - Singapore
  • Gresik Semen - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Eastern Coal Council - USA
  • Power Finance Corporation Ltd., India
  • Kumho Petrochemical, South Korea
  • TNB Fuel Sdn Bhd - Malaysia
  • Platts
  • Lafarge - France
  • Karaikal Port Pvt Ltd - India
  • Samtan Co., Ltd - South Korea
  • Inco-Indonesia
  • Jindal Steel & Power Ltd - India
  • Wood Mackenzie - Singapore
  • CNBM International Corporation - China
  • Semirara Mining and Power Corporation, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • McConnell Dowell - Australia
  • AsiaOL BioFuels Corp., Philippines
  • Thriveni
  • bp singapore
  • Qatrana Cement - Jordan
  • Borneo Indobara - Indonesia
  • NALCO India
  • Cigading International Bulk Terminal - Indonesia
  • Planning Commission, India
  • Edison Trading Spa - Italy
  • Altura Mining Limited, Indonesia
  • VISA Power Limited - India
  • Sarangani Energy Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • MS Steel International - UAE
  • Riau Bara Harum - Indonesia
  • Energy Development Corp, Philippines
  • Savvy Resources Ltd - HongKong
  • Intertek Mineral Services - Indonesia
  • New Zealand Coal & Carbon
  • CIMB Investment Bank - Malaysia
  • Peabody Energy - USA
  • Africa Commodities Group - South Africa
  • OCBC - Singapore
  • Malco - India
  • Sree Jayajothi Cements Limited - India
  • TGV SRAAC LIMITED, India
  • Mitra SK Pvt Ltd - India
  • Australian Coal Association
  • Parliament of New Zealand
  • Cardiff University - UK
  • Alfred C Toepfer International GmbH - Germany
  • Simpson Spence & Young - Indonesia
  • PowerSource Philippines DevCo
  • Britmindo - Indonesia
  • Gujarat Sidhee Cement - India
  • Ministry of Mines - Canada
  • Manunggal Multi Energi - Indonesia
  • Global Business Power Corporation, Philippines
  • Sical Logistics Limited - India
  • Bank of America
  • SN Aboitiz Power Inc, Philippines
  • Bulk Trading Sa - Switzerland
  • Central Java Power - Indonesia
  • IEA Clean Coal Centre - UK
  • Commonwealth Bank - Australia
  • Chamber of Mines of South Africa
  • McKinsey & Co - India
  • Cebu Energy, Philippines
  • European Bulk Services B.V. - Netherlands
  • Straits Asia Resources Limited - Singapore
  • Idemitsu - Japan
  • Kepco SPC Power Corporation, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Maersk Broker
  • Bayan Resources Tbk. - Indonesia
  • Vedanta Resources Plc - India
  • TNPL - India
  • Mjunction Services Limited - India
  • IHS Mccloskey Coal Group - USA
  • SGS (Thailand) Limited
  • Core Mineral Indonesia
  • Salva Resources Pvt Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Makarim & Taira - Indonesia
  • Total Coal South Africa
  • Barasentosa Lestari - Indonesia
  • Ministry of Transport, Egypt
  • SMC Global Power, Philippines
  • Pinang Coal Indonesia
  • Lanco Infratech Ltd - India
  • Bhushan Steel Limited - India
  • Binh Thuan Hamico - Vietnam
  • Posco Energy - South Korea
  • Inspectorate - India
  • Billiton Holdings Pty Ltd - Australia
  • World Coal - UK
  • Gujarat Electricity Regulatory Commission - India
  • Karbindo Abesyapradhi - Indoneisa
  • Bhoruka Overseas - Indonesia
  • Asian Development Bank
  • Central Electricity Authority - India
  • Kideco Jaya Agung - Indonesia
  • Electricity Authority, New Zealand
  • Medco Energi Mining Internasional
  • Japan Coal Energy Center
  • Xindia Steels Limited - India
  • Videocon Industries ltd - India
  • San Jose City I Power Corp, Philippines
  • EIA - United States
  • Samsung - South Korea
  • Siam City Cement - Thailand
  • Indika Energy - Indonesia
  • Attock Cement Pakistan Limited
  • Petron Corporation, Philippines
  • Metalloyd Limited - United Kingdom
  • Thiess Contractors Indonesia
  • ICICI Bank Limited - India
  • Baramulti Group, Indonesia
  • KPCL - India
  • Ambuja Cements Ltd - India
  • Wilmar Investment Holdings
  • Bangkok Bank PCL
  • Moodys - Singapore
  • Indian School of Mines
  • Indonesian Coal Mining Association
  • PetroVietnam Power Coal Import and Supply Company
  • Tanito Harum - Indonesia
  • Energy Link Ltd, New Zealand
  • Glencore India Pvt. Ltd
  • Ernst & Young Pvt. Ltd.
  • PLN Batubara - Indonesia
  • JPMorgan - India
  • Permata Bank - Indonesia
  • Coaltrans Conferences
  • Thailand Anthracite
  • Gupta Coal India Ltd
  • Bangladesh Power Developement Board
  • Directorate General of MIneral and Coal - Indonesia
  • globalCOAL - UK
  • Jorong Barutama Greston.PT - Indonesia
  • Antam Resourcindo - Indonesia
  • Maybank - Singapore
  • The University of Queensland
  • The State Trading Corporation of India Ltd
  • Reliance Power - India
  • GB Group - China
  • Toyota Tsusho Corporation, Japan
  • WorleyParsons
  • Kapuas Tunggal Persada - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Romanian Commodities Exchange
  • Larsen & Toubro Limited - India
  • Mercuria Energy - Indonesia
  • Kaltim Prima Coal - Indonesia
  • KPMG - USA
  • Electricity Generating Authority of Thailand
  • Sojitz Corporation - Japan
  • Rashtriya Ispat Nigam Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Thai Mozambique Logistica
  • Meenaskhi Energy Private Limited - India
  • Therma Luzon, Inc, Philippines
  • Heidelberg Cement - Germany
  • Aditya Birla Group - India
  • Barclays Capital - USA
  • Agrawal Coal Company - India
  • Asia Cement - Taiwan
  • Ince & co LLP
  • Global Green Power PLC Corporation, Philippines
  • Enel Italy
  • Jaiprakash Power Ventures ltd
  • BRS Brokers - Singapore
  • EMO - The Netherlands
  • Bukit Baiduri Energy - Indonesia
  • Coal India Limited
  • South Luzon Thermal Energy Corporation
  • Kartika Selabumi Mining - Indonesia
  • ANZ Bank - Australia
  • HSBC - Hong Kong
  • GMR Energy Limited - India
  • SMG Consultants - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Anglo American - United Kingdom
  • Star Paper Mills Limited - India
  • Mitsubishi Corporation
  • Shree Cement - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Deutsche Bank - India
  • Noble Europe Ltd - UK
  • TRAFIGURA, South Korea
  • J M Baxi & Co - India
  • Vitol - Bahrain
  • Economic Council, Georgia
  • Carbofer General Trading SA - India
  • Argus Media - Singapore
  • Indian Energy Exchange, India
  • White Energy Company Limited
  • Arch Coal - USA
  • Freeport Indonesia
  • Cosco
  • Orica Mining Services - Indonesia
  • Xstrata Coal
  • Renaissance Capital - South Africa
  • LBH Netherlands Bv - Netherlands
  • London Commodity Brokers - England
  • Ministry of Finance - Indonesia
  • Berau Coal - Indonesia
  • The Treasury - Australian Government
  • Vijayanagar Sugar Pvt Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Sucofindo - Indonesia
  • SASOL - South Africa
  • GHCL Limited - India
  • Independent Power Producers Association of India
  • Clarksons - UK
  • Coal Orbis AG
  • TeaM Sual Corporation - Philippines
  • Cement Manufacturers Association - India
  • MEC Coal - Indonesia
  • Cargill India Pvt Ltd
  • Semirara Mining Corp, Philippines
  • Adani Power Ltd - India
  • Maruti Cements - India
  • Iligan Light & Power Inc, Philippines
  • Coastal Gujarat Power Limited - India
  • Deloitte Consulting - India
  • Kalimantan Lumbung Energi - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Shenhua Group - China
  • Sakthi Sugars Limited - India
  • Bharathi Cement Corporation - India
  • Holcim Trading Pte Ltd - Singapore
  • Indogreen Group - Indonesia
  • Indorama - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Coal and Oil Company - UAE
  • Tata Power - India
  • Uttam Galva Steels Limited - India
  • Bank of China, Malaysia
  • APGENCO India
  • NTPC Limited - India
  • GVK Power & Infra Limited - India
  • India Bulls Power Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TANGEDCO India
  • BNP Paribas - Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PLN - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Runge Indonesia
  • Indian Oil Corporation Limited