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

Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...


Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...


Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...


Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves. T ...


Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...


   1186 1187 1188 1189 1190   
Showing 5936 to 5940 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 ...

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