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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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- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Planning Commission, India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- The University of Queensland
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
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