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Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company said today.
The port will cost a total of Rs 1,150 crore, almost half of which has already been infused.
"Mundra Port and Special Economic Zone (MPSEZ) announces commencement of operations of the dry bulk cargo port at Dahej," the company said in a statement here.
The port is being set up by Adani Petronet Port Pvt Ltd in a joint venture with Petronet LNG at a cost of Rs 1,150 crore. Petronet, which owns 24 per cent in the joint venture, is already operating an LNG import terminal at Dahej, along with a berth for ships.
The operations at the port started with the arrival of the first ship (M V Sesa Star Cosmos) today containing a consignment of coal docks at Dahej.
"With the commencement of operations at Dahej, it would be the second operational port in Gujarat for MPSEZ and the only one which has become operational in the private port category in the last 4-5 years," it further said.
The infrastructure sector-focused group is increasingly looking to acquire coal assets overseas to feed its power generation capacity.
Adani Enterprises, the flagship company of the group led by billionaire Gautam Adani, had posted an over three-fold jump in profits to Rs 407 crore for the first quarter of the current fiscal, mainly due to strong performance by its non-core businesses including the power segment.
Earlier this month, Adani Enterprises, which is the country's largest coal importing company, sealed a ASD 3 billion deal to buy the coal assets of Australia's Linc Energy, to support its plan to expand power generation capacity to 20,000 MW by 2020.
It was recently awarded preferred proponent status for developing the Dudgeon point terminal in Macay, Queensland, Australia.
The company has also entered a USD 1.65 billion tripartite pact with an Indonesian firm to source coal. Its subsidiary, Adani Power, is working on 4,620-MW project in Mundra, Gujarat. It has also announced two power projects in the state, at Hazira and Dahej.
Source: Economic Times
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Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...
Sunday, 05 September 10
HARUM ENERGY EYES 7.4 MILION TONS OF COAL OUTPUT IN 2010
Indonesia's coal miner PT Harum Energy Tbk, controlled by Indonesian tycoon Kiki Barki, is eyeing 7.4 million tons of coal production in 2010, a 27 ...
Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
COALsopot.com: The freight market was bit volatile with no clear indication of the market.
However the BDI continued the upward trend mainly due ...
Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid ...
Friday, 03 September 10
BANPU CUTS INDONESIAN HOLDING BUT ITM REMAINS KEY STRATEGIC UNIT - BANGKOK POST
"SET-listed Banpu Plc, Asean's largest coal miner, yesterday announced the sale of an 8.72% stake in its listed coalmining holding company in ...
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- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- The University of Queensland
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
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