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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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Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...
Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct t ...
Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...
Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...
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- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- The University of Queensland
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Planning Commission, India
- White Energy Company Limited
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
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