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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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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Planning Commission, India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
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