We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
 BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power has a 30% stake, performed well during 2008 and were profitable even at current coal prices.
According to sourced, it will use half the quantity of coal it gets from the Indonesian mines for its 4,000 MW ultra mega power project that is under construction at Mundra in Gujarat.
According to the company, the Indonesian mines produced 52 million tonne in FY 2009 with an average realized price of USD 77.56 tonne.
Mr S Ramakrishnan executive director, finance of TATA Power said that given the current coal prices, the company had started to review all capital expenditure except that which leads to cost reduction. He said we have put all the other CAPEX on hold at this point of time.
Mr Ramakrishnan said that the operations at the coal mines were profitable even at these low prices as the cost of mining operations had gone down with the fall in oil prices.
He said on the breakeven price that "If our realization goes down further by another USD 5 to USD 10, we will come into an area where the breakeven will come but we believe that the coal prices are at a rock bottom."
As per report, TATA Power will spend about INR 5,500 crore this year on various projects, including that of the special purpose vehicles floated by it, of which INR 1,700 crore will be equity. Next year, it estimates the capital expenditure will be INR 6,900 crore.
The company's generation capacity was 2,785 MW at the end of the last financial year and it will add 220 MW this year. It generated 14,807 million units in 2008-09 against 14,717 million units in the previous year. It had made an impairment provision of INR 280 crore on account of recognition of goodwill impairment loss relating to its investments in certain overseas JV.
TATA Power said that it will consider all options to raise finances to meet its equity commitments. It has raised short term funds of INR 1,300 crore, which would see it through this financial year. Its debt on a consolidated basis was about INR 13,900 crore.
Source: Steel Guru
(http://steelguru.com/news/index/2009/07/07/MTAxMjc5/TATA_Power_aid_the_Indonesian_coal_mines.html)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
Thursday, 16 July 09
JAPAN'S J - POWER STARTS OPS AT NEW 600 MW COAL UNIT
Reuters, a worlds leading news agency reported that, Electric Power Development Co (J-Power) said on Thursday it started commercial operations at it ...
Thursday, 16 July 09
DELIVERY OF COAL MINE EXPLORATION THROUGH NEWCASTLE PORT ROSE 11 PERCENT
July 16th, 2009 Newcastle is a port in Australia that provides services in the delivery of coal from Australia to other countries. Newcastle port ha ...
Thursday, 16 July 09
CIL KEEN ON JOINT VENTURES
* Targets to raise production by 10 m tonnes by 2012
* Plans to tap reserves of abandoned mines
The Hindu, an Indian news paper reported that, t ...
Wednesday, 15 July 09
COAL INDIA INVITES EOI FOR COAL MINING IN FOREIGN COUNTRIES
Economict Tmes reported that, Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic ...
|
|
|
Showing 6596 to 6600 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- PTC India Limited - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
|
| |
| |
|
