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Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
.jpg) 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, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
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- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
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