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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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Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
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- Deloitte Consulting - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- CNBM International Corporation - China
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
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