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Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the flagship company of the Kolkata-based RPG group, is the latest to join the list of Indian companies scouting for coal mines overseas.
The company has already set a target of adding 6,000 MW of power generation by the end of the 12th Plan in 2017 and acquiring these mines will support and secure supply for the power generation project.
"We are looking for overseas coal assets mainly in Indonesia and South Africa. The due diligence is going on. We have not finalised as yet though we are discussing the matter," P Neogi, president of Integrated Coal Mining Ltd, an arm of CESC, told reporters on the sidelines of an industry conference on Tuesday.
Apart from having one mine in Asansol, CESC has recently also signed an agreement with an Australian company Resource Generation Ltd for the purchase of 37 million tonnes of coal over 20 years.
Presently, the company has an installed capacity of 1,225 MW and plans to add 6,000 MW more to it through its different projects in Haldia in West Bengal, Chandrapur in Maharashtra, Jharkhand and Orissa.
Neogi said: "The construction at Chandrapur, a 600 MW capacity plant, is already under way. We will soon start construction of the first phase of another 600 MW plant at Haldia. Apart from these, we plan to set up 1,000 MW capacity plant each in Jharkhand and Orissa."
He added that while land acquisition has been completed in Orissa, talks are on with the Jharkhand government on the same issue. Neogi said that the supply of coal from the South African mine is expected to begin from 2013 when the latter gets fully developed.
Source:Tehelka (BY Tuhin Dutta)
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Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Central Electricity Authority - India
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