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Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
.jpg) Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4,000 MW Mundra project in Gujarat during the current XIth Five Year Plan (2007-12).
The company would commission two 800 MW units of its Mundra ultra mega power project by February 2012.
"There is over 30 per cent progress in the project and we would commission the first unit in September 2011 and subsequently other units will follow at an interval of five months each....The second unit would be commissioned by February 2012," Tata Power Executive Director S Ramakrishnan told reporters here.
The 4,000 MW Mundra project would be fully commissioned by December 2013. "Mundra would be the first UMPP to go on stream," Ramakrishnan said.
The power generated from the project would be evacuated by the central transmission utility PowerGrid to the beneficiary states including Gujarat, Maharashtra, Punjab and Rajasthan.
The company is importing 12 million tonnes of coal from the Indonesian coal blocks in which it has ownership to the tune of 30 per cent. Nearly, half of the dry fuel requirement of the project will be procured from these mines. Tata Power is also looking at procuring coal from other sources.
Tata Power bagged the Mundra project in 2007 through the international competitive bidding process.
The project entails an investment of Rs 17,000 crore and is being funded through a debt and equity ratio of 75:25. "The entire equity is ours (Tata Power's) and the debt component comes from both foreign exchange loans and domestic loans," he added.
Nearly, $1.8 billion (approx Rs 5,400 cr) foreign exchange loan is being provided by Korean Exim, Korean Insurance, Asian Development Bank etc. The domestic loan of $1.2 billion (approx Rs 5,100 cr) would be raised through a consortium of banks led by SBI.
Source:Business-Standard
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Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...
Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
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- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
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