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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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Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
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- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- The University of Queensland
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
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