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

Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...


Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy The  BSI  regained  positive  momentum  exactly  a  week  ago  and  the  Atlantic rema ...


Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...


Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...


Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...


   1193 1194 1195 1196 1197   
Showing 5971 to 5975 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 ...

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