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Wednesday, 31 December 14
COASTAL ENERGEN (C&O) COMMENCES 1ST UNIT OF 1200 MW POWER PLANT IN INDIA
COALspot.com: Coastal Energen, part of the Coal & Oil Group, announced last week the commissioning and commencement of power production at the first unit of 600 mw of 2 x 600 mw Mutiara Thermal Power Plant in Tuticorin. Coastal Energen is Tamil Nadu’s largest private power sector investment with a capital outlay of over Rs 7,600 crore (approximately US$ 1,202,320,000).
In December 2009, the foundation stone was laid for Mutiara thermal power project in Tuticorin district and now, the project has started power supply to TANGEDCO - a power generation and distribution arm of Tamil Nadu government - at Rs 4.91 (approximately US$ 0.08) per MW from this project, under a 15 year power purchase agreement.
According to company’s press conference, till now, it has invested Rs 6,200 crore (approximately US$ 980,840,000) for the project.
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Coastal Energen will be importing coal for this unit from Indonesia. The company is planning to expand the power generation to 5,000 MW in the next 10 years and It is also in talks with sovereign, wealth and PE funds to fund the future expansion, the company said during press conference last week.
“It gives me great pleasure to see that our efforts will now start benefiting the people of our state. Power is a critical component for realising Tamil Nadu’s Vision 2023 plan for emerging among the foremost states of India. We are glad that we can play a role in this vision by supplying power to the people of Tamil Nadu for supporting their growth potential,” Ahmed Buhari, founder, president & CEO, Coastal Energen told reporters here, as quoted by My Digital.
“Our second unit of 600 mw is expected to be commissioned in the coming few months and will improve power availability in the state. We are also actively engaged in contributing to the development of the Madurai – Tuticorin industrial corridor, which will also enable this region to progress in line with India’s ambitious growth plans,” Buhari added.
According to media reports, the project is coming at a time when the power crisis is expected to increase in southern parts of the country, led by Tamil Nadu. The deficit is around 9,254 Mw or -22 per cent in the southern region.
Image: File Photo | 1 INR = 0.0158154 USD
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Saturday, 03 January 15
U.S WEEKLY COAL PRODUCTION FELL 11.2% TO 17.6 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.6 million short tons (mmst) of coal ...
Thursday, 01 January 15
FOB RICHARDS BAY COAL SWAPS CLOSED AT $63.47 PMT ON 26 DEC, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.37 (-4. ...
Wednesday, 31 December 14
SUB-BIT INDONESIA COAL Q2' 15 DELIVERY SWAP CLOSED 1.03% LOWER COMPARED TO AVERAGE Q1' 15 DELIVERY PRICE - SGX
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and gained week over week.
The Q1 swap has lost US$ 1.35 (-2 ...
Tuesday, 30 December 14
SHIP PRICES KEEP ON FALLING, SALES COME EARLY FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship prices keep on falling on the back of low freight rates. According to the latest report from shipbroker Allied Shipbroking, January sales seem ...
Tuesday, 30 December 14
INDIA INC TO BENEFIT AS IMPORTED COAL PRICES SET TO FALL - RAHUL PRITHIANI
The Hindu: India‘s coal import volumes are set to rise by over 30 per cent over the next two years to 214 million tonnes in 2015-16, as domes ...
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- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- The University of Queensland
- Mjunction Services Limited - India
- Bhatia International Limited - India
- White Energy Company Limited
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- PTC India Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
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