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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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Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.
Bank of Tokyo Mitsubishi ...
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...
Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy.
Shareholders will get a combine ...
Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...
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- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- The Treasury - Australian Government
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
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