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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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Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
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- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Planning Commission, India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- The University of Queensland
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
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