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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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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- GMR Energy Limited - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Economic Council, Georgia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Minerals Council of Australia
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