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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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Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
Tuesday, 26 April 11
NTPC CALLS TENDER FOR 4 MLN TON OF NON-COKING COAL
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, is the largest thermal power gener ...
Monday, 25 April 11
THE FUTURES FOR THREE YEARS WAS AT AROUND PANAMAX/US$ 14,000 PER DAY & SUPRAMAX/US$ 14,000 PER DAY - VISTAAR
COALspot.com - The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points. ...
Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with c ...
Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons ...
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- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Australian Coal Association
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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