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Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
 The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country's crippling electricity crisis for the long term, officials said Friday.
Power Development Board officials said the five power plants would cost around US $3.5 billion and would take at least four years to complete if the government commences tender processing work this year,
"We have already begun preliminary planning work of the five coal-based power plants with each having capacity of 500 mw. They all will use imported coals," PDB chairman SM Alamgir Kabir told the FE.
"One each could be set up at Mongla and Chittagong. We have done some work in this regard. Two plants could be set up at Meghnaghat and the rest at the location of soon-to-be built Padma Bridge," he said.
The PDB would send a full proposal on the power plants to the ministries for further consultation, he said.
The move comes after the gas crisis started taking toll on overall power generation in the country and the state-owned energy corporation Petrobangla projecting emptying of the present reserve by 2019.
With the gas crisis getting worse every month, the government has already decided to keep provision for dual fuels for all the future power plants in the country.
Kabir said in the short-term gas can be used for a few more smaller power plants having combined capacity no more than 400 mw.
"The government could also build a few more smaller plants based on furnace oil or liquid fuel, but these in no way can solve the country's power crisis in the medium to long term."
"Addition of this new gas-based power plants will ease the situation this year. But for a long term solution of the power crisis, coal is the only answer," he said.
The plants are expected to be built by independent power producers, i.e by global or local companies, with PDB buying their entire generation, through Private Public Partnership (PPP), a financing mechanism popular in India, or by the PDB alone. To read more The Financial Express
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Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
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- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- MS Steel International - UAE
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Planning Commission, India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
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