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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, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
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