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Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
 Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bhagalpur in Bihar.
“I can share with you that we are preparing for a 2,000 MW generation plant at Pirpainti near Bhagalpur. Land acquisition for the project has already begun,” company vice-chairman Sanjiv Goenka told reporters after the company’s Annual General Meeting (AGM).
“We began the initiative six months back by opening a new power company, Nalanda Power Company, which is a 100 percent subsidiary of CESC,” Goenka said.
CESC has also applied for coal mining rights for sourcing the required coal for this coal-fired merchant thermal power unit, said Goenka.
The project, spread over 400 acres, will be funded through a 70:30 debt-equity ratio. The equity would come through internal accruals.
“We are also upbeat over a 350 MW power distribution project for Patna City, where we have been short-listed along with Reliance Energy. If we finally get this, we think this is a fit case for improvement. Its current transmission and distribution (T&D) losses is 48 per cent and it reminds us of the days when we took over the erstwhile Calcutta Electric Supply Corporation,” he said.
CESC Ltd will add another 5000-6000 MW generation capacity over the next seven years of time with a total capital outlay of over Rs 24,000 crore.
Of this, the company has already conducted test synchronization for 250 MW Budge Budge-III and hopes to commission the unit by September, this year.
Goenka said, Budge Budge-III was being commissioned in 28 months from its financial closure, which is a record of its kind in the country.
The company on Friday announced a 11.7% rise in net profit to Rs 105 crore for the quarter ended June 2009, against a a Rs 94 crore net in the earlier corresponding period. Total income for the period was higher at Rs 820 crore (Rs 816 crore) – a marginal 0.5% rise.
“An 11.7% rise in net profit over a marginal rise in income has been due to overall improvement in performance parameters including lower transmission and distribution losses and rise in generation efficiencies,” Goenka said.
Interestingly, CESC managed to bring down expenditure by about 5.1% while profit from operations witnessed a sizeable 35% rise during the period.
The company will also set up new power plants at Dumka in Jharkhand and Talcher in Orissa.
Source: Jai Bihar
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Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
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- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- The University of Queensland
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
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