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Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
 The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billion (around Rs 22,000 crore) in two projects-one each in South Sumatra and Jambi provinces. The investment covers coal mining, setting up of railway lines, ports and power projects.
According to a senior company official, who did not wish to be identified, the project in South Sumatra involves development of a 2- billion MT coal mine, a 200-km railway line, a port and a 2,000-MW power project at a cost of $3.5 billion. The project in Jambi involves another coal mining unit, along with a port, railway line and a small power plant. It will cost $1.5 billion without the power project.
Reliance Coal Resources, a subsidiary of Reliance Power, will sign two MoUs with representatives of the governments of both the provinces in New Delhi on Tuesday. Reliance ADA Group chairman Anil Ambani and Indonesian President Susilo Bambang Yudhoyono are exected to be present during the occasion. Fiscal concessions, including land, are being offered to Reliance Power to make it attractive for them to invest in Indonesia, the official said. The investment for the development of the coal mine, rail & port infrastructure and the power project in Sumatra would be made in the next five years.
In 2010, Reliance Power's wholly owned subsidiary Reliance Coal Resources had acquired three coal mines owned by two companies PT Sriwijaya Bintang Tiga Energi and PT Brayan Bintang Tiga Energi in the South Sumatra province. The three mines are spread over 1,25,000 acres and have over 2 billion MT of coal. The Indonesian government is providing the other concessions as Reliance Power would develop the other projects associated with it which include the railway line, port and power.
Coal from these mines will be exported for Reliance Power's Krishnapatnam Ultra Mega Power Project in Andhra Pradesh. which is based on imported coal and also used for its 2000 mw project in Indonesia. These mines would ensure steady supply to the Krishnapatnam Project and also be more economical than other imported coal. Officials said talks are already on with banks to finance the first project in south Sumatra.
Source: The Times of India
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Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...
Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...
Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.
The five-year surge ...
Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...
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- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- White Energy Company Limited
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
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