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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, 27 February 09
WIKA TO ACQUIRE MINING COMPANY
The Jakarta Post reported that, Public listed state construction firm PT Wijaya Karya (Wika) is to acquire a mining contracting firm in the first se ...
Friday, 27 February 09
COASTAL ENERGEN INKS PACT WITH CHINESE FIRM FOR POWER EQUIPMENT
My Digital Fc reported that, Dubai-based Coal and Oil Group, which is setting up a 1,200MW thermal power plant in Tamil Nadu, has tied-up with China ...
Thursday, 26 February 09
GMR INFRA COMPLETES INDONESIAN BUY
Blonnet reported that, GMR Infrastructure Ltd today confirmed the acquisition of an Indonesian coal mining company for a consideration of $80 millio ...
Wednesday, 25 February 09
INDONESIAN GOVERNMENT TO REGULATE MINIMUM COAL SELLING PRICES
The Jakarta Post reported that, To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing in ...
Thursday, 19 February 09
GEOTHERMAL ENERGY DOMINATES 10.000 MW POWER PROJECT - ESDM
The role of coal as a source of energy is superseded by geothermal energy to power the second phase of the 10.000 megawatt (MW) power plant project. ...
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- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Australian Coal Association
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- White Energy Company Limited
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
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