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Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near a port on the west coast. The company has already tied up coal supplies by acquiring a mine for $100 million in Indonesia last year.
A Subbarao, chief finance officer, GMR Group, said total investments in the power project were yet to be ascertained. “The investments will be decided on the basis of the capacity of the power plant. Typically, a 1,000-Mw thermal power plant requires an investment of Rs 4,500 crore,” he told Business Standard.
Although the company has not finalised the location of the plant, it would like to have it close to key consumption centres in Maharashtra and Gujarat, where demand for power is high.
GMR Energy is in the process of identifying prospective locations along the east coast for the proposed plant.
“The Indonesian coal firm, which we acquired, will be ready for coal extraction in two years and we want to be ready with a project to utilise the raw material,” Subbarao said.
This mine has reserves of 100 million tonnes (mt) and is spread over 25,000 hectares in southern Sumatra. The licence provides GMR with a 30-year mining lease over two separate coal blocks.
GMR Energy has two power projects in operation in Chennai and Mangalore with a cumulative capacity of 420 Mw, and is setting up greenfield projects (thermal and hydro) with a cumulative capacity of 3,130 Mw. These projects are spread across Uttarakhand, Orissa, Arunachal Pradesh, Himachal Pradesh and Chhattisgarh.
The board of directors of GMR Group, at their meeting in Bangalore on Saturday, decided to seek shareholder approval to raise up to $1 billion to fund growth plans, which include road and power projects.
“We are competitive in our tariff. We are yet to sign a power purchase agreement (PPA) with any government for the new thermal power plant. Once we finalise the location, we will sign the PPA,” Subbarao said.
He said the company was not looking at roping in a partner for the thermal power project.
Source:http://www.business-standard.com/india/news/coal-in-place-gmr-plans-2000-mw-thermal-plant/357827/
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Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
Wednesday, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...
Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne co ...
Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...
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- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- International Coal Ventures Pvt Ltd - India
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- SMC Global Power, Philippines
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- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Parliament of New Zealand
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Bhatia International Limited - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
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