We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
.jpg) 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.
|
|
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
|
|
|
Showing 5926 to 5930 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- The University of Queensland
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
|
| |
| |
|
