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Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
 Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomalee, a joint venture between the state owned NTPC Ltd of India and Ceylon Electricity Board(CEB) of Sri Lanka was signed yesterday, marking a landmark in bilateral economic cooperation between the two countries.
The paper further said, the power station at Sampur with a total investment of US $ 500 million, would be Sri Lanka’s second coal-fired power plant. The construction is to begin next year and the plant is slated to be commissioned by 2016. The country’s first such power plant in Norochcholai has already begun operations. India High Commissioner to Sri Lanka, Ashok Kantha yesterday identified it as the largest joint venture between the two nations, to date.
Emphasising on its significance, he said that the project would take economic cooperation between the two neighbours to new heights.
The high commissioner recalled that the initiation of the project had been languishing for some time until President Mahinda Rajapaksa visited India in June 2010, where decisions were taken to fast track it’s launch without further delay.
As a result NTPC Limited, the largest power generation utility of India and CEB signed the joint venture and shareholder agreement to set up the plant at Sampur yesterday.
The agreement was signed by Managing Director cum Chairman of NTPC Arup Roy Choudhury, and CEB Chairman Prof. Wimaladharma Abeywickrema, in the presence of Power and Energy Minister Patali Champika Ranawaka, High Commissioner Ashok Kantha, Indian Power Ministry Secretary P.Uma Shankar, Power and Energy, Ministry Secretary M.C. Ferdinando and other stake holders at Hotel Galadari, Colombo.
The project is a 50:50 joint venture between the CEB and NTPC. The government has allocated a 500 acre land in Sampur for the construction of infrastructure.
The government would also construct the coal unloading jetty and install related equipment. The Indian government has offered a concessionary line of credit of US $ 200 million to Sri Lanka to expedite the construction of infrastructure.
The coal for the project is to be imported and supplied by Lanka Coal Company. The capacity of the project may be enhanced by another 500 MW in the future.
The 300 m long jetty with a 700m access way will be designed to handle various coal ship sizes, bulk carriers ranging from conventional vessels of 40,000 to 175,000 DWT.
The power plant at Sampur has a total capacity of 500 MW with two generating units of 250 MW each. The annual coal requirement is around 1.4 million tonnes.
The plant is expected to use coal that comply with national environmental regulations and other international guidelines.
The transmission line will be a 220 kv double circuit line to new Habarana grid station.
According to High Commissioner Kantha in relation to market capitalization state owned NTPC is among the top five firms in India. It is India’s No. 01 power producer. The Sampur project is considered as NTPC’s first overseas venture.
It ranked 341st in 2010 Forbes Global 2000’ ranking of the world’s biggest companies. The total installed capacity of NTPC is 34,854 MW, with 15 coal based, seven gas based power stations and six joint venture power projects across India.
The CEB says that after the completion of 900 MW coal power plant at Puttalam, the generation expansion plan stipulates the addition at a rate of 250-300 MW of coal power plants annually up to end of its planning horizon.
Source: Daily News (By Rasika Somaratna)
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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisit ...
Thursday, 06 October 11
SOUTH EAST ASIAS AGGRESSIVE POWER DEMAND GROWTH WILL REQUIRE INVESTMENT OF US$125 BN BY 2020 - WOOD MACKENZIE
COALspot.com - Wood Mackenzie says that South East Asia’s demand growth for new power generation is so aggressive that new power generation in ...
Thursday, 06 October 11
CHINESE DEMAND FOR COAL IMPORTS TO MODERATE IN 2012 - MISWIN MAHESH
COALspot.com - We expect Chinese demand growth for imported steam coal to moderate over the next year. Steam coal imports into China will modera ...
Wednesday, 05 October 11
MINISTRY STICKING TO RAW COMMODITY EXPORT BAN DESPITE INDUSTRY FEARS - JG
The Jakarta Globe, the one of the leading English news paper in Indonesia, reported that, the details of a controversial new regulation that would b ...
Wednesday, 05 October 11
ATLANTIC AND PACIFIC BASINS BECAME TIGHTER FOR PANAMAX LAST WEEK - BRS
A slump for both the Capes and Panamaxes sent the BDI down 1% this week, falling to 1,899 points.
The Capes saw the greatest movement, sliding - ...
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- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Australian Coal Association
- Mercator Lines Limited - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- The Treasury - Australian Government
- The University of Queensland
- ICICI Bank Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
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