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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, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...
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- Goldman Sachs - Singapore
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
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- Sical Logistics Limited - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Parry Sugars Refinery, India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Planning Commission, India
- Sojitz Corporation - Japan
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- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
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- Central Electricity Authority - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
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- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Petron Corporation, Philippines
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- The University of Queensland
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
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