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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, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production. ...
Thursday, 09 April 09
INDONESIAN CILACAP, FISHERMEN PROTEST COAL BARGES ANCHORING IN BAY - THE JAKARTA POST
Fishermen in Cilacap, Central Java, have protested against the presence of dozens of coal barges lying at anchor in Teluk Penyu Bay, claiming they a ...
Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flex ...
Wednesday, 08 April 09
ARCELORMITTAL BUYS STAKE IN COAL OF AFRICA - MINEWEB
Steel maker, ArcelorMittal SA, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash.
ArcelorMittal SA, the South A ...
Wednesday, 08 April 09
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...
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- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- PTC India Limited - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Australian Coal Association
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
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