We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
 Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering of 301,652,031 equity shares of Rs. 10 each for cash at a price to be decided through a 100 per cent book building process. The issue opens on July 28.
The company has not mentioned about the price band of the issue. According to a market grape vine it should be in the range of Rs.100-120. However, a company release says, the price band and the minimum bid will be decided by the company in consultation with the global coordinator and book running lead manager.
The global coordinator and book running lead manager for the issue is DSP Merrill Lynch. Other book running lead managers are Enam Securities, IDFC –SSKI, JM Financial Consultants, Kotak Mahindra Capital, Morgan Stanley India, ICICI Securities and SBI Capital.
The issue would constitute 13.84 per cent of the post issue paid-up equity share capital of the company. The issue includes a reservation of up to 8,000,000 equity shares for eligible employee.
The company has an installed combined capacity of 6,600 MW. Currently, Adani Power is working on the following projects:
1) Mundra Phase I and II with capacity of 1,320 MW.
2) Mundra Phase III with 1,320 MW, and
3) Mundra Phase IV with 1,980 MW
4) Tiroda Power Project,
which is being developed by company’s subsidiary Adani Power Maharashtra Ltd with 1.980 MW.
Out of total 6,600 MW capacity generation, majority (70%) is to be sold through PPP models in the states like Gujarat, Maharashtra and Haryana. The rest 30 per cent is to be sold as merchant power.
In addition, the company is also planning to develop two power projects with combined installed capacity of 3,300 MW through its subsidiaries.
All those four thermal power projects are under various states of development. While some are partly operational, the entire gamut is expected to be operational by 2012-13. The parent company Adani Enterprise is engaged in green field mining in Indonesia. It supports the power company to meet its coal requirement for thermal power projects partly.
“Out of 15 million tonnes coal required for its Mundra projects, 8/9 million tonnes are to be supplied from Indonesian venture. The rest coal requirement in addition to 7 million tonnes coal required for Tiroda power project are met through domestic linkages,” said Ameet H. Desai, Director, Adani Power.
The company intends to utilize the net proceeds of the issue of the issue to part finance the construction and dvelopement of Mundra Phase IV power project for 1,980 MW and fund equity contribution in i8ts subsidiary – Adani Power Maharashtra to part finance the construction and development cost of power project for 1,980 at Tiroda.
“We intend to achieve a target of 20,000 MW capacity by 2020 using all modes of power generation including thermal, hydro, solar and wind,” said Gautam Adani, chairman, Adani Enterprise and Adani Power.
Source: Economic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
|
|
|
Showing 6571 to 6575 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Videocon Industries ltd - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
|
| |
| |
|
