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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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Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
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- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
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- Parliament of New Zealand
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
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- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
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