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

Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million   ...


Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...


Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...


Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...


Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...


   1356 1357 1358 1359 1360   
Showing 6786 to 6790 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 ...

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