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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, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
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- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- The University of Queensland
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Romanian Commodities Exchange
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
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