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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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Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Trasteel International SA, Italy
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