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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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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
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- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- The University of Queensland
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Planning Commission, India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
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