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Wednesday, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
 Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 million coal power plant in the former war zone, its Power and Energy Ministry said on Wednesday.
The coal power plant, the largest with a capacity of 1,000 MW, will be located in the eastern port city of Trincomalee, a former rebel stronghold until the military captured it in mid 2007 in the final phase of a 25-year war that ended on May 18.
"We are going to sign the commercial and power-purchasing agreements next week with India's National Thermal Power Corporation," John Seneviratne, Minister of Power and Energy told Reuters.
The project will be carried out in two phases and the first is expected to be completed by 2012, the ministry said in a statement. "Initially both parties will invest $75 million each and later $350 million will be invested by both parties."
Seneviratne did not comment on the terms and conditions of the funding arrangement.
China has also offered an $891 million loan for a 900 MW coal power plant on a 20-year, 2 percent interest rate bearing loan to build the second and third phases of the 900 megawatt coal-fired Norochcholai power plant.
The $40 billion economy with 20 million people depends mainly on hydro and thermal power with around 25 power plants.
The island nation's private sector has repeatedly complained about high price and shortage of energy, for which the government has blamed seasonal droughts and expensive global oil prices.
Much of Sri Lanka's infrastructure, from roads to hospitals, has been neglected by successive governments focused on the two-decade civil war that has killed more than 80,000 people.
Source: Reuters
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Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
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- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- The University of Queensland
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
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