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Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
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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- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Australian Coal Association
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
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