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

Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...


Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...


Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward. Hancock Prospecting is proposing ...


Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...


Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...


   1230 1231 1232 1233 1234   
Showing 6156 to 6160 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 ...

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