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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, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
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- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
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