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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

Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...


Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy The  BSI  regained  positive  momentum  exactly  a  week  ago  and  the  Atlantic rema ...


Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...


Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...


Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...


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