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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, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
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- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- PTC India Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- The University of Queensland
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Chamber of Mines of South Africa
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