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

Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...


Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...


Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...


Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages. ...


Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...


   1213 1214 1215 1216 1217   
Showing 6071 to 6075 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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