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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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Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
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- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- PTC India Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
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