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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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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- The University of Queensland
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
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