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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, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
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- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
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