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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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Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net im ...
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain bi ...
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian ...
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...
Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
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- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- PTC India Limited - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Economic Council, Georgia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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