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Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes through a joint venture.
"We will form two more joint ventures to set up cement plants at Rourkela and Burnpur. The Rourkela plant will have a capacity of 2 mt, while the Burnpur unit will have a capacity of 1 mt. The joint venture partners will be decided through a bidding process," Chairman S K Roongta told Business Standard.
New capacity creation for a million tonnes of cement usually requires an investment of Rs 350-400 crore (US$ 72,947,076 - 83,368,087), according to estimates by cement industry sources. Setting up of these two units with a total capacity of 3 million tonnes could require an investment of Rs 1,100-1,200 crore (US$ 229,262,240 - 250,104,262).
SAIL is already developing two cement plants at Bhilai and Bokaro through a joint venture with Jaiprakash Associates, which is a major cement player. The Bhilai plant, with a capacity of 2.2 mt, would be operational by mid - 2010. The Bokaro plant, with a capacity of 2 mt, is expected to begin cement production by July 2011.
In both of these joint ventures, SAIL has a 26 per cent stake. The proposed new joint ventures are also expected to have a similar holding structure.
Through concurrent expansions at its five integrated steel plants at Bokaro (Jharkhand), Bhilai (Chhattisgarh), Rourkela (Orissa), Durgapur and Iisco Steel Plant (both West Bengal), SAIL has targeted to step up its total steel production capacity from 14 mt to 23 mt by 2012.
This capacity expansion will result in a significant increase in the volume of slag, which is a byproduct. The slag-based cement plants will enable SAIL to find long-term solutions for the disposal of the byproduct generated at these plants.
The domestic cement industry has a capacity of about 226 mt. It is expected to add another 35-40 mt by the end of the year as most players are augmenting capacities. Cement consumption has been growing at double-digit rates month-on-month, mainly driven by the demand from rural and semi-urban areas. In August, for instance, the industry clocked a despatch growth rate of 17 per cent.
Source: Business Rediff
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Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
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- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- VISA Power Limited - India
- The University of Queensland
- Singapore Mercantile Exchange
- Economic Council, Georgia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
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