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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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Thursday, 08 July 10
DRY BULK MARKET STILL PLUNGING, NOW STANDING AT 14 MONTH LOWS
The dry bulk shipping market’s demise isn’t over yet, as the industry’s main benchmark, the Baltic Dry Index (BDI) has been on a f ...
Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB
MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chin ...
Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal im ...
Tuesday, 06 July 10
INCREASE IN DRY BULK SPOT FIXTURES UNABLE TO BOOST RATES, LOSING STREAK CONTINUES
Yet another week began on a negative note for the dry bulk shipping market, with the Baltic Dry Index posting its 28th straight losing daily session ...
Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia.
KEPCO signed a 400 million Austra ...
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- Thai Mozambique Logistica
- White Energy Company Limited
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Minerals Council of Australia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
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