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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, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- MS Steel International - UAE
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