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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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Friday, 04 December 09
KALIMANTAN GOLD AGREES TO SELL IBP COAL CONCESSION
COALspot.com ( Press Release): Kalimantan Gold Corporation Limited ("KLG" or the "Company"), which undertook drilling and had an ...
Friday, 04 December 09
JSW ENERGY TO BUY OUT PARENT FIRM'S COAL BLOCK
JSW Energy plans to buy the stake held by JSW Steel in a thermal coal block in Mozambique in an attempt to become an integrated energy company with ...
Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal i ...
Thursday, 03 December 09
INDONESIA MAY ALLOW COAL SALES BELOW GOVT PRICE
Reuters reported that, Indonesia is considering giving producers some flexibility to sell coal below the government's monthly benchmark price to co ...
Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and ...
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- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
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