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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, 21 July 11
DRY BULK RATES EDGE FURTHER DOWN ON WEAK MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell once again on Wednesday marking the ninth straight day of losses. The industry’s benchmark, the Baltic Dry Index (BDI ...
Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
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- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
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