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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, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
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