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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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Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
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- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Tata Chemicals Ltd - India
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