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Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying power to the grid from midday on July 31.
Guacolda, owned by AES Gener (50%), Empresas COPEC (25%) and Ultramar (25%) said the unit supplied electricity at its maximum capacity of 152 MW to Chile’s Central Interconnected System which provides power to around 93% of the population.
It is the first of two 152-MW units the company is building at the generation plant, located near the port of Huasco, 700 km north of Santiago which will double installed capacity at the site to 608 MW from early 2010, at an estimated cost of $700 million.
The company said around $100 million of this will be spent on cleaning up emissions from the new and existing generation units.
Guacolda noted that the new unit represents the first project to be realized on SIC after the approval of Chile’s Second Short Law in 2005 which sought increase incentives for investment in generation following the loss of natural gas supplies from neighboring Argentina.
It is also the first of a huge wave of new coal-fired capacity on both the central and northern grids that will supply much of Chile’s additional electricity needs over the next decade.
Guacolda shareholders COPEC and Ultramar are planning to develop sub-bituminous coal deposits in the far-south of the country to meet part of this huge increase in demand for coal, almost all of which would have to be imported.
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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
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- Anglo American - United Kingdom
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- Power Finance Corporation Ltd., India
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- Chettinad Cement Corporation Ltd - India
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- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
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- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
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- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
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- Australian Coal Association
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- White Energy Company Limited
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- International Coal Ventures Pvt Ltd - India
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- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
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- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
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- Renaissance Capital - South Africa
- Thai Mozambique Logistica
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- Energy Development Corp, Philippines
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- Global Business Power Corporation, Philippines
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- Vizag Seaport Private Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
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- Economic Council, Georgia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bulk Trading Sa - Switzerland
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- Bangladesh Power Developement Board
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- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
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- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
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- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
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- Sojitz Corporation - Japan
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
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- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
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- Edison Trading Spa - Italy
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- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
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- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
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- PowerSource Philippines DevCo
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