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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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Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- PTC India Limited - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
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