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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, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...
Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...
Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...
Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...
Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
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- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
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