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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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Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
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- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Australian Coal Association
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- White Energy Company Limited
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- The University of Queensland
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
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