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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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Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...
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- Sical Logistics Limited - India
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- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
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- Carbofer General Trading SA - India
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- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
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- Thiess Contractors Indonesia
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- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- The University of Queensland
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- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
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- GN Power Mariveles Coal Plant, Philippines
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- McConnell Dowell - Australia
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- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
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- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
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- Deloitte Consulting - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
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- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
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