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Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
 DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly double the production at its Indonesian coal mine to 2 million tonnes per annum (mtpa), said chief operating officer Rishabh Sethi.
The production this fiscal will be short of the targeted 1 million tonnes (mt), he said, adding, “Our plan is to increase it to 1.5-2 million tonnes in two years.”
The maximum production at the PT Bism mine in the East Kalimantan province is 3 mtpa, which will take over three years. “It will involve some additional expenditure,” he said.
SPML bought the mine in 2008 with power equipment maker Emco for $40 million. SPML holds 55% and Emco the rest in the mine, which is spread over 5,000 hectare and has reserves of 100 mt.
The companies began mining in November 2009 and produced 20,000 tonnes a month initially.
“We now produce 70,000 tonnes per month,” said Sethi.
Though the company plans to export to the rest of Asia including India, currently it only sells locally.
The coal terminal at the mine, including the jetty, has a capacity to handle 2.5 mtpa.
For the three months ended September 30, SPML’s net sales grew 20% from a year ago to Rs313.5 crore and net profit jumped 83% to Rs12.5 crore.
SPML at the end of the quarter had an order backlog of about Rs3,700 crore, over half of which is from water contracts. The company plans to end the year with a portfolio of Rs5,000 crore.
Other than water, SPML is engaged in roads, airports and civil & industrial construction, among others. It is also developing 30 mini-hydel projects, according to its website.
To meet its capital needs, SPML plans to raise by March up to Rs175 crore through a qualified institutional placement or a private placement at the subsidiary level.
On Wednesday, SPML Infra closed at Rs215 a share, 1.69% lower over the Tuesday’s close on the BSE.
Source: DNA India
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Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
Thursday, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...
Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today.
Seven Indian coal traders have submitted price bid to sup ...
Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...
Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...
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- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- The University of Queensland
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
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