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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 )
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Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...
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- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Parliament of New Zealand
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
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