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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 $4.25 billion, 4,000 mw, coal-fired Mundra UMPP, which is slated to come up near Mundra Port in Gujarat.
Tata Power, along with rival Reliance Energy, is planning to add a whopping 22,477 mw of power to the national grid during the 11th Plan period (2007-12). This translates into 28% of the total 80,000 mw capacity-addition planned by the Centre during the 11th Plan period.
Source: Financial Express (By: P Vinod Kumar )
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Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...
Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
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- TeaM Sual Corporation - Philippines
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- Bhatia International Limited - India
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- Global Business Power Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
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- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
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- Gujarat Sidhee Cement - India
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- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
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- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
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- European Bulk Services B.V. - Netherlands
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- Jorong Barutama Greston.PT - Indonesia
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- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
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- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
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- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
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