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Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
 Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid in its initial stage.
Six-hundred megawatts and five-hundred megawatts will be added to the national power grid by 2016 and 2017 respectively.
Power and Energy Minister Champika Ranawaka said Sri Lanka is considered as a country in Asia that has successfully managed to provide a qualitative and stable electricity supply with good frequency to the general public throughout the day.
“Currently 85 percent of the total number of families are covered by electrification projects in the country. The Government plans to enhance this figure up to 100 percent by 2012,” he said at a ceremony to commission the solar system installation at the Lanka ORIX Leasing Company (LOLC) yesterday.
The solar system installation was officially commissioned by the Minister.
Minister Ranawaka said every divisional secretariat has been provided with power supply and no village without power supply will be seen in the country by 2012.
In keeping with Government’s mission to provide electricity to all, more and more investors and industrialists will be able to invest in country without setting up their ventures in foreign countries in the face of escalating electricity rates in the country, the Minister said.
“The cost of producing power and energy has risen to unbearable proportions and plans are afoot to promote renewable energy sources such as wind power, solar power and geo-thermal technology to overcome this situation in the country while modernizing the entire energy sector in 2 years,” he said.
The country uses 58 percent of eco-friendly energy sources out of the current energy requirements while electricity sector is using 35 to 40 percent of eco-friendly energy sources.
Sri Lanka is considered as a country that has a lower carbon footprint when compared to other countries in the world.
The country’s per capita carbon consumption is estimated as 600 kilogram and it is 2,200 kilogram in India, 5,600 kilogram in China and 24,500 kilogram in USA.
With the commissioning of the Puttalam coal power plant, current carbon quantity will be rise to 1,100 kilogram. However, it would not harm the country’s environment as the country is still recording a lower carbon footprint in comparison to countries in the world,” Minister Ranawaka said. LOLC Group Managing Director Kapila Jayawardena said the newly installed 48 kilowatts of solar system of LOLC successfully contributes to 15 percent of the company’s daily energy requirement by reducing the dependency on power from the national grid.
The system has been designed, installed and commissioned by Access Solar (Pvt) Ltd.
This is the largest installation of its kind in a financial institute in Sri Lanka. The new solar power consists of solar cells which are made up of eight arrays of with eight inverters, which contains an individual capacity of six kilowatts.
Source: Daily News
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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
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