We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
 Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced the signing of an agreement for a setting up of a 'Rail and Port project' with the Regional Government of Sumatra Selatan, Indonesia and PT Bukit Asam Tbk, a Government of Indonesia coal mining company.
Estimated to cost USD 1.65 billion, the Rail and Port project will be executed by PT Adani Global, a step-down subsidiary of Adani Enterprises, over a period of 48 months. It will involve the construction of a 250 km railway line and port infrastructure by Adani needed for the transportation and ship loading of upto 60 mmtpa of coal.
The Adani Group chairman Gautam Adani today signed this landmark pact with H E Alex Noerdin, the Governor of the South Sumatera province of Indonesia and Mr Sukrisno, President Director, PT Bukit Asam Tbk in the august presence of the Indonesian President – HE Susilo Bambang Yudhoyno. This agreement is pursuant to a tripartite memorandum of understanding signed in August 2010. It reaffirms key milestones and principles of this major infrastructure project.
Commenting on the historic development, Mr. Gautam Adani, Chairman – Adani Group said, “India and Indonesia jointly can be shining examples of nation building through co-operation. The Adani Group is committed to creating win-win situations through private-public partnerships for mutual benefit and this is a huge step in that direction. Driven by our philosophy of innovation, courage and trust; we at Adani are committed towards coal mining and development of a world class port, rail and power infrastructure in Indonesia. Today, we re-affirm our pledge to continue this partnership for creating a robust infrastructure in South East Asia”.
Adani further added, “We at Adani Group are clearly focused on the energy sector and constantly strive to enhance our coal value chain. These initiatives in Indonesia, Australia and even in India will bring us closer to achieve our stated goal of 20,000 MW of power generation, 200 MMTPA of coal mining, 200 MMTPA of cargo handling and owning 20 capesize ship by 2020.”
The 250 km railway line will help connect Tanjung Enim, the coal mining area to Tanjung Carat, where the Adani Group will set up a world class port for evacuating the coal.
PT Bukit Asam Tbk, one of Indonesia’s leading coal producers with the largest coal reserve in the country, has conferred “coal purchase rights” to PT Adani Global on take or pay basis with minimum volume of 35 million metric tonnes per annum. This concession has an initial validity of 30 years from signing of the agreement and can be extended mutually.
As per the agreement, PT Bukit Asam Tbk will sell 60 percent of its coal from the Tanjung Enim area to Adani at a government notified price and balance coal will be used as contract carriage for Bukit Asam.
This landmark deal will further consolidate Adani’s coal sourcing from Indonesia, with the company already operating a coal mine in East Kalimanthan. The coal from its Indonesian and Australian assets in Queensland will not only further enhance the Adani Group’s position as India’s largest thermal coal importer but also give it the required fillip for a rapid expansion of its power and coal businesses, transforming it into the largest private sector mining company in India.
Separately, under the bilateral India-Indonesia economic framework, the Adani Group has also signed a memorandum of understanding for exploring the possibility of setting up a 2 x1100 or 3X660 MW lignite based power plant in Indonesia.
The Adani Group will use pioneering modern technologies to consume Indonesia’s lignite resources which are available in abundance thus making Indonesia self-reliant leading to energy-security.
These initiatives are part of the Adani Group’s strategy to emerge as a global player in development and operator of mines and supply coal to support affordable power generation in India. It has already has signed contracts to mine, move and supply 110 million tonnes of coal per year for use by state owned power utilities in India.
Source: Money Control
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
|
|
|
Showing 5656 to 5660 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
|
| |
| |
|
