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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, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
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- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Economic Council, Georgia
- The University of Queensland
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
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