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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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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
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- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
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