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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 $1.5 billion without the power project.
Reliance Coal Resources, a subsidiary of Reliance Power, will sign two MoUs with representatives of the governments of both the provinces in New Delhi on Tuesday. Reliance ADA Group chairman Anil Ambani and Indonesian President Susilo Bambang Yudhoyono are exected to be present during the occasion. Fiscal concessions, including land, are being offered to Reliance Power to make it attractive for them to invest in Indonesia, the official said. The investment for the development of the coal mine, rail & port infrastructure and the power project in Sumatra would be made in the next five years.
In 2010, Reliance Power's wholly owned subsidiary Reliance Coal Resources had acquired three coal mines owned by two companies PT Sriwijaya Bintang Tiga Energi and PT Brayan Bintang Tiga Energi in the South Sumatra province. The three mines are spread over 1,25,000 acres and have over 2 billion MT of coal. The Indonesian government is providing the other concessions as Reliance Power would develop the other projects associated with it which include the railway line, port and power.
Coal from these mines will be exported for Reliance Power's Krishnapatnam Ultra Mega Power Project in Andhra Pradesh. which is based on imported coal and also used for its 2000 mw project in Indonesia. These mines would ensure steady supply to the Krishnapatnam Project and also be more economical than other imported coal. Officials said talks are already on with banks to finance the first project in south Sumatra.
Source: The Times of India
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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
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- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
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