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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, 22 March 11
KRISHNAPATNAM PORT SETS ALL INDIA RECORD FOR COAL DISCHARGING
COALspot.com - "Krishnapatnam Port has set an all India record for discharging 71,587 tons of steam coal in just 24 hrs using the conventional ...
Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...
Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com - Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...
Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy
The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...
Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
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