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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, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
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