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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, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
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- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
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- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Central Electricity Authority - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
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