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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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Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...
Tuesday, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited
The coal mining sector that has been opened par ...
Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...
Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...
Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...
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- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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