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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, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
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- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- White Energy Company Limited
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
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