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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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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- Iligan Light & Power Inc, Philippines
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- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
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- Energy Development Corp, Philippines
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- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
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- Electricity Authority, New Zealand
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- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
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- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
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- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- GMR Energy Limited - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
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