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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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Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
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- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- The University of Queensland
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- MS Steel International - UAE
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- White Energy Company Limited
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Australian Coal Association
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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