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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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Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
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- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- The University of Queensland
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
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