We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
 Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003,197) aluminium-cum-power project in Indonesia, work on which is likely to begin by June.
The company has already selected the UAE-based RAK Minerals as JV partner to set 0.5 million tonne (MT) aluminium smelter and 1,250 MW captive thermal power plant in East Kalimantan, Indonesia, part of its ongoing Rs 58,000 crore (US$ 12,737,454,747) capacity expansion plan.
"Five firms has shown interest to supply coal to our proposed aluminium-cum-power project in East Kalimantan, Indonesia. We have shortlisted Muara Enim and Bumi Muara Prasada and asked for commercial bids," NALCO Director Finance B L Bagra told PTI.
Detailed commercial proposals would be submitted by both the firms by February next year, based on which NALCO enters into a pact with one of the firms for supply of about 10 million tonne per annum (MTPA) of thermal grade coal, half of which would be utilised for the project, he said.
The five firms, which have responded to the Expression of Interest (EoI) bid floated by NALCO included MEC Middle East, Pram Dwi Jaya Muara Enim and Bumi Muara Prasada.
While the firm intends to import about one million tonne of alumina annually from its facilities in India to feed the aluminium smelter, the coal for the captive power plant will be procured locally.
NALCO needs 8-10 MTPA of thermal grade coal, 4-5 MTPA of which is for its East Kalimantan project and rest for its energy requirement elsewhere.
The company had invited EoI bid from competent miners or concession holders having resources of more than 500 MT in East Kalimantan province in Indonesia in close proximity to seaport, fresh water source and other infrastructure facilities, for coal supply.
The company has already selected Ras-al Khaimah Minerals as one of the joint venture partners for the aluminium-cum -power project, while others would be finalised soon.
JV agreements are likely to be finalised in six months and the company hopes to start work on the projects by June 2011.
Apart from Ras-al Khaimah Minerals an Indonesian state -owned mining firm too has evinced interest in the project, which will have debt equity ratio of 70:30.
NALCO's investment would be 15 per cent of the total project cost, while the JV partners would fund 15 per cent and the remaining 70 per cent would come through loans. 1 USD = 45.5350 INR (source - www.xe.com)
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
|
|
|
Showing 161 to 165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- The University of Queensland
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- White Energy Company Limited
- CNBM International Corporation - China
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
|
| |
| |
|
