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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, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
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- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
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