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Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
 Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has signed a Rs 4,000-crore (US$ 825,251,988) agreement with Larsen & Toubro Ltd, the engineering and construction major, for supply of equipment for its Nigrie Super Thermal Power Project in Madhya Pradesh.
Under the agreement, L&T will supply two units of 660 Mw each for the power plant.
While the order for boilers for the plant has been given to L&T-MHI Boilers Pvt Ltd (LMBPL), the order for turbine and generators has been given to L&T which will source the equipment from L&T-MHI Turbine Generators Pvt Ltd (LMTGPL). Both LMBPL and LMTGPL are joint ventures between L&T and Mitsubishi Heavy Industries of Japan.
“We will be investing Rs 8,000 crore (US$ 1,649,600,258) in this power project. The financial closure has already been achieved, with ICICI Bank as the lead financial institution,” said Manoj Gaur, Executive Chairman, Jaiprakash Associates Ltd.
Coal for the plant will be sourced from two captive coal blocks – Amelia (North) and Dongri Tal II – owned by a joint venture of Jaypee Group with the Madhya Pradesh State Mining Corporation Ltd (MPSMCL). The first 660 Mw unit of the power project is expected to be commissioned in April 2013 and the other unit would be commissioned in September same year. The power plant, when operational, will generate over 10 billion units of power annually.
The Jaypee Group has a current operational power generation capacity of over 900 Mw and plans to add another 2,000 Mw capacity by the end of the current Plan period ended March 2012.
“We want to take our total capacity to over 13,470 Mw, with a 60:40 mix of thermal and hydro in less than seven years from now,” Gaur said.
This is the second order bagged by L&T in the supercritical segment in India after it won the order for supplying a 1,600 Mw turbine generator from the Andhra Pradesh Power Development Corporation earlier.
The company plans to set up around 4,000 Mw of domestic power equipment manufacturing capacity by 2010. (US$ 1= 48.49 INR)
Source: IBEF
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Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
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- GN Power Mariveles Coal Plant, Philippines
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- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
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- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
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- Gujarat Mineral Development Corp Ltd - India
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- Meralco Power Generation, Philippines
- The Treasury - Australian Government
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- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Electricity Generating Authority of Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
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- Commonwealth Bank - Australia
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- Planning Commission, India
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- Independent Power Producers Association of India
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- Eastern Coal Council - USA
- Economic Council, Georgia
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- International Coal Ventures Pvt Ltd - India
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- Bhushan Steel Limited - India
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- Mjunction Services Limited - India
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- Wood Mackenzie - Singapore
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- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
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- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
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- MS Steel International - UAE
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
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- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
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- Latin American Coal - Colombia
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- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
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