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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 $4.25 billion, 4,000 mw, coal-fired Mundra UMPP, which is slated to come up near Mundra Port in Gujarat.
Tata Power, along with rival Reliance Energy, is planning to add a whopping 22,477 mw of power to the national grid during the 11th Plan period (2007-12). This translates into 28% of the total 80,000 mw capacity-addition planned by the Centre during the 11th Plan period.
Source: Financial Express (By: P Vinod Kumar )
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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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