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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, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
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