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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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Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
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- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
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