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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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Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
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- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- The University of Queensland
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- ASAPP Information Group - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
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