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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, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- White Energy Company Limited
- Posco Energy - South Korea
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
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