COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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/ 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...


Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009 Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...


Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...


Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...


Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...


   1355 1356 1357 1358 1359   
Showing 6781 to 6785 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The State Trading Corporation of India Ltd
  • Peabody Energy - USA
  • Berau Coal - Indonesia
  • Asian Development Bank
  • Heidelberg Cement - Germany
  • JPower - Japan
  • Baramulti Group, Indonesia
  • LBH Netherlands Bv - Netherlands
  • Britmindo - Indonesia
  • UOB Asia (HK) Ltd
  • Cargill India Pvt Ltd
  • Cigading International Bulk Terminal - Indonesia
  • McKinsey & Co - India
  • Ambuja Cements Ltd - India
  • Platts
  • New Zealand Coal & Carbon
  • ETA - Dubai
  • SN Aboitiz Power Inc, Philippines
  • Economic Council, Georgia
  • Jatenergy - Australia
  • Posco Energy - South Korea
  • Coal and Oil Company - UAE
  • Permata Bank - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Energy Development Corp, Philippines
  • Makarim & Taira - Indonesia
  • Vitol - Bahrain
  • Rudhra Energy - India
  • McConnell Dowell - Australia
  • Deutsche Bank - India
  • Central Electricity Authority - India
  • MS Steel International - UAE
  • Ministry of Finance - Indonesia
  • Metalloyd Limited - United Kingdom
  • Tata Power - India
  • Simpson Spence & Young - Indonesia
  • GMR Energy Limited - India
  • SUEK AG - Indonesia
  • Trasteel International SA, Italy
  • Coeclerici Indonesia
  • GNFC Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Surastha Cement
  • Mjunction Services Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Inco-Indonesia
  • Arutmin Indonesia
  • GHCL Limited - India
  • Latin American Coal - Colombia
  • India Bulls Power Limited - India
  • Edison Trading Spa - Italy
  • Singapore Mercantile Exchange
  • Meenaskhi Energy Private Limited - India
  • Global Coal Blending Company Limited - Australia
  • Cebu Energy, Philippines
  • Aboitiz Power Corporation - Philippines
  • Mitsubishi Corporation
  • WorleyParsons
  • Parry Sugars Refinery, India
  • Thermax Limited - India
  • JPMorgan - India
  • Mitsui
  • EMO - The Netherlands
  • Xstrata Coal
  • Manunggal Multi Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • KPMG - USA
  • Australian Commodity Traders Exchange
  • Semirara Mining Corp, Philippines
  • Salva Resources Pvt Ltd - India
  • Bangkok Bank PCL
  • Qatrana Cement - Jordan
  • Aditya Birla Group - India
  • Kohat Cement Company Ltd. - Pakistan
  • Renaissance Capital - South Africa
  • Indian Oil Corporation Limited
  • Ministry of Transport, Egypt
  • Pendopo Energi Batubara - Indonesia
  • Grasim Industreis Ltd - India
  • TRAFIGURA, South Korea
  • Lafarge - France
  • Kumho Petrochemical, South Korea
  • South Luzon Thermal Energy Corporation
  • TANGEDCO India
  • Agrawal Coal Company - India
  • Thriveni
  • Tanito Harum - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Gupta Coal India Ltd
  • Mintek Dendrill Indonesia
  • Siam City Cement PLC, Thailand
  • Indo Tambangraya Megah - Indonesia
  • OCBC - Singapore
  • Thailand Anthracite
  • Gujarat Mineral Development Corp Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Goldman Sachs - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Neyveli Lignite Corporation Ltd, - India
  • Platou - Singapore
  • Maruti Cements - India
  • Total Coal South Africa
  • Bukit Makmur.PT - Indonesia
  • ANZ Bank - Australia
  • Bharathi Cement Corporation - India
  • IMC Shipping - Singapore
  • Thomson Reuters GRC
  • CoalTek, United States
  • bp singapore
  • Arch Coal - USA
  • Ernst & Young Pvt. Ltd.
  • Cemex - Philippines
  • Essar Steel Hazira Ltd - India
  • IBC Asia (S) Pte Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Larsen & Toubro Limited - India
  • NALCO India
  • Sinarmas Energy and Mining - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Russian Coal LLC
  • Bukit Asam (Persero) Tbk - Indonesia
  • The University of Queensland
  • Electricity Authority, New Zealand
  • CIMB Investment Bank - Malaysia
  • MEC Coal - Indonesia
  • Coaltrans Conferences
  • Borneo Indobara - Indonesia
  • Tata Chemicals Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Cement Manufacturers Association - India
  • KEPCO - South Korea
  • PNOC Exploration Corporation - Philippines
  • Pinang Coal Indonesia
  • KOWEPO - South Korea
  • Humpuss - Indonesia
  • Port Waratah Coal Services - Australia
  • World Bank
  • Chamber of Mines of South Africa
  • Cosco
  • Barasentosa Lestari - Indonesia
  • Eastern Energy - Thailand
  • The India Cements Ltd
  • Mitra SK Pvt Ltd - India
  • Global Business Power Corporation, Philippines
  • Argus Media - Singapore
  • Georgia Ports Authority, United States
  • Runge Indonesia
  • Indika Energy - Indonesia
  • Bangladesh Power Developement Board
  • IEA Clean Coal Centre - UK
  • Wilmar Investment Holdings
  • Independent Power Producers Association of India
  • Gresik Semen - Indonesia
  • KPCL - India
  • Merrill Lynch Commodities Europe
  • Uttam Galva Steels Limited - India
  • Sarangani Energy Corporation, Philippines
  • London Commodity Brokers - England
  • Bank of China, Malaysia
  • PLN Batubara - Indonesia
  • IHS Mccloskey Coal Group - USA
  • GAC Shipping (India) Pvt Ltd
  • Sindya Power Generating Company Private Ltd
  • ACC Limited - India
  • PTC India Limited - India
  • Indogreen Group - Indonesia
  • Maybank - Singapore
  • ICICI Bank Limited - India
  • Indian School of Mines
  • Infraline Energy - India
  • SASOL - South Africa
  • Malabar Cements Ltd - India
  • Shree Cement - India
  • Altura Mining Limited, Indonesia
  • Coal India Limited
  • Jindal Steel & Power Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Mercuria Energy - Indonesia
  • SMC Global Power, Philippines
  • Malco - India
  • Australian Coal Association
  • Fearnleys - India
  • Krishnapatnam Port Company Ltd. - India
  • CNBM International Corporation - China
  • Freeport Indonesia
  • TGV SRAAC LIMITED, India
  • Karbindo Abesyapradhi - Indoneisa
  • Straits Asia Resources Limited - Singapore
  • Cardiff University - UK
  • Mechel - Russia
  • TNPL - India
  • Panama Canal Authority
  • Indonesian Coal Mining Association
  • OPG Power Generation Pvt Ltd - India
  • IOL Indonesia
  • HSBC - Hong Kong
  • Madhucon Powers Ltd - India
  • NTPC Limited - India
  • Bank of America
  • SRK Consulting
  • Idemitsu - Japan
  • ASAPP Information Group - India
  • GN Power Mariveles Coal Plant, Philippines
  • Minerals Council of Australia
  • Lanco Infratech Ltd - India
  • White Energy Company Limited
  • Antam Resourcindo - Indonesia
  • SGS (Thailand) Limited
  • Sree Jayajothi Cements Limited - India
  • Japan Coal Energy Center
  • SMG Consultants - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • TeaM Sual Corporation - Philippines
  • Power Finance Corporation Ltd., India
  • Tamil Nadu electricity Board
  • Rashtriya Ispat Nigam Limited - India
  • ING Bank NV - Singapore
  • RBS Sempra - UK
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Commonwealth Bank - Australia
  • Gujarat Electricity Regulatory Commission - India
  • Iligan Light & Power Inc, Philippines
  • EIA - United States
  • Coastal Gujarat Power Limited - India
  • globalCOAL - UK
  • Indian Energy Exchange, India
  • Thai Mozambique Logistica
  • Vale Mozambique
  • Samsung - South Korea
  • AsiaOL BioFuels Corp., Philippines
  • San Jose City I Power Corp, Philippines
  • Coalindo Energy - Indonesia
  • Credit Suisse - India
  • Electricity Generating Authority of Thailand
  • Global Green Power PLC Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • Merrill Lynch Bank
  • Jaiprakash Power Ventures ltd
  • PetroVietnam
  • Oldendorff Carriers - Singapore
  • Petrosea - Indonesia
  • Savvy Resources Ltd - HongKong
  • Samtan Co., Ltd - South Korea
  • Kapuas Tunggal Persada - Indonesia
  • Dalmia Cement Bharat India
  • BRS Brokers - Singapore
  • The Treasury - Australian Government
  • Star Paper Mills Limited - India
  • Kobe Steel Ltd - Japan
  • Shenhua Group - China
  • Attock Cement Pakistan Limited
  • Intertek Mineral Services - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Eastern Coal Council - USA
  • Anglo American - United Kingdom
  • Xindia Steels Limited - India
  • Enel Italy
  • Glencore India Pvt. Ltd
  • Parliament of New Zealand
  • Wood Mackenzie - Singapore
  • Reliance Power - India
  • Sakthi Sugars Limited - India
  • Bhatia International Limited - India
  • Romanian Commodities Exchange
  • Toyota Tsusho Corporation, Japan
  • Sucofindo - Indonesia
  • Orica Mining Services - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • European Bulk Services B.V. - Netherlands
  • Central Java Power - Indonesia
  • Mercator Lines Limited - India
  • BNP Paribas - Singapore
  • World Coal - UK
  • Kideco Jaya Agung - Indonesia
  • Marubeni Corporation - India
  • Africa Commodities Group - South Africa
  • Medco Energi Mining Internasional
  • Bukit Baiduri Energy - Indonesia
  • Indonesia Power. PT
  • Adaro Indonesia
  • DBS Bank - Singapore
  • Coal Orbis AG
  • Formosa Plastics Group - Taiwan
  • Globalindo Alam Lestari - Indonesia
  • Interocean Group of Companies - India
  • Banpu Public Company Limited - Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Bhoruka Overseas - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • U S Energy Resources
  • Meralco Power Generation, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Petron Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • Gujarat Sidhee Cement - India
  • CESC Limited - India
  • Bhushan Steel Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • GB Group - China
  • Moodys - Singapore
  • Bulk Trading Sa - Switzerland
  • Ministry of Mines - Canada
  • UBS Singapore
  • Bayan Resources Tbk. - Indonesia
  • Asia Cement - Taiwan
  • Vedanta Resources Plc - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kaltim Prima Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • CCIC - Indonesia
  • Barclays Capital - USA
  • TNB Fuel Sdn Bhd - Malaysia
  • Semirara Mining and Power Corporation, Philippines
  • Planning Commission, India
  • Maersk Broker
  • J M Baxi & Co - India
  • Directorate General of MIneral and Coal - Indonesia
  • Deloitte Consulting - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • PowerSource Philippines DevCo
  • PLN - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Vizag Seaport Private Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Videocon Industries ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Carbofer General Trading SA - India
  • Indorama - Singapore
  • Sojitz Corporation - Japan
  • Kobexindo Tractors - Indoneisa
  • VISA Power Limited - India
  • Geoservices-GeoAssay Lab
  • Siam City Cement - Thailand
  • Adani Power Ltd - India
  • Riau Bara Harum - Indonesia
  • Core Mineral Indonesia
  • Noble Europe Ltd - UK
  • Karaikal Port Pvt Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Therma Luzon, Inc, Philippines
  • GVK Power & Infra Limited - India
  • Clarksons - UK
  • Inspectorate - India
  • Orica Australia Pty. Ltd.
  • Ince & co LLP
  • Timah Investasi Mineral - Indoneisa
  • Price Waterhouse Coopers - Russia
  • Billiton Holdings Pty Ltd - Australia
  • Rio Tinto Coal - Australia
  • APGENCO India
  • Sical Logistics Limited - India
  • Thiess Contractors Indonesia