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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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Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
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- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
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