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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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Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
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- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- PTC India Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
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