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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, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
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- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
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