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

Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...


Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months * Sees coal output jumping to 20 mln tonnes in five years Reuters reported that,  PTT , ...


Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure” COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...


Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...


Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...


   1247 1248 1249 1250 1251   
Showing 6241 to 6245 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 ...

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