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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, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- MS Steel International - UAE
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
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