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Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY


Manila Standard Today  reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. and Indonesian coal suppliers for its planned 135-megawatt power plant in Barangay Puting Bato West, Calaca, Batangas.

Trans-Asia president Francisco Viray said the company planned to secure its coal requirements from Semirara and Indonesia but declined to say when it would start construction of the P8.5-billion power plant.

Semirara, owned by the Consunji Group, is the country’s largest coal supplier while Indonesia is one of the world’s biggest exporters.

Trans-Asia’s coal plant is one of the projects that could augment power supply in Luzon. To read more
Manila Standard Today ( Reported By Alena Mae S. Flores)



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Recent News

Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories  reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...


Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...


Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...


Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...


Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...


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