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Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and South Africa.
The public sector company is also looking at setting up ultra mega power projects along the coast near here while scrapping its Orissa project and giving up nuclear and hydel power ambitions, said a top company official.
“We are exploring the possibilities of acquiring coal mines in Indonesia and South Africa so that we can set up thermal power plants along the coast and need not wait for coal linkages,” chairman and managing director A.R. Ansari told reporters here.
He said a 2.5 million tonnes per annum (mtpa) coal mine would cost around Rs.400 crore (US$ 86.067 million).
According to him, the company is not pursuing plans for nuclear power and a thermal power project in Orissa. It is now interested in setting up ultra mega thermal power projects.
“Nuclear power projects in India take inordinate time to complete, for example the Kudankulam power project. The response of the Orissa government to set up a power project there is very lukewarm and hence that plan may not take off,” he added.
He said the company is interested in setting up a 2,000 MW thermal power project along the Tamil Nadu coast - between Tuticorin and Chennai and also a 4,000 MW project at Cheyyar near here.
Ansari said a memorandum of understanding (MOU) with the Uttar Pradesh government is likely to be signed for setting up of a 2,000 MW thermal plant at Kanpur.
“Our idea is to increase the mining capacity to 79.85 mpta (lignite and coal) and power generation to 13,790 MW by the end of XII Plan period.
Ansari said one unit of 2×250 MW project in Neyveli will be commissioned this year and the second unit next March.
The company closed last fiscal with a turnover of Rs.4,121.03 crore (US$ 886.719) and a net profit of Rs.1,247.46 crore (US$ 268.415) as against Rs.3,354.91 crore (US$ 721.874 million) turnover and Rs.821.09 crore (US$ 176.673) net posted in 2008-09.(1 INR = 0.0215169 USD)
Source: Business News
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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
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- Central Electricity Authority - India
- Indian Energy Exchange, India
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- Global Green Power PLC Corporation, Philippines
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- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
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- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
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- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
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- McConnell Dowell - Australia
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- Mintek Dendrill Indonesia
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- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
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- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
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- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Metalloyd Limited - United Kingdom
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- Ministry of Finance - Indonesia
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- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
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- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
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- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- The University of Queensland
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- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
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- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
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- Interocean Group of Companies - India
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- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
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- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
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- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
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- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
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- Thiess Contractors Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
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- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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