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Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
.jpg) Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet demand for their upcoming projects.
"We are looking at mines in Australia, Mozambique and some smaller ones in Indonesia, that could give us 2-3 million tonnes of coal," a company official said.
Tata Power already has 30 per cent ownership in a block in Indonesia and the company is able to meet 50 per cent of its coal requirement from this property. It is also looking at other sources.
When it comes to domestic power projects, the company has said that it would bid only for the projects, which have coal linkages, as it does not have the appetite to import the dry fuel in the near future.
The company is executing the 4,000 Mw Mundra ultra mega power project in Gujarat and will be importing 12 million tonnes of coal initially from the Indonesian blocks, the company officials said, adding that nearly half of the dry fuel requirement of the UMPP project will be procured from these mines.
Tata Power has an installed capacity of 2,768 Mw and has set a target of becoming a 12,000 Mw company by 2014. This 12,000 Mw capacity includes the company's projects which are at various stages of implementation and also Mundra UMPP.
The company is also developing a 1,600 Mw imported coal-based project at Dherand in Maharashtra for which the state government would acquire the land.
It, along with Damodar Valley Corporation (DVC), is executing a 1,050 Mw thermal power project in Jharkhand. Tata Power holds 74 per cent equity in the project and 26 per cent is held by DVC.
It has also been alloted 500 million tonne capacity tubed coal mine in Jharkhand for developing a 500 Mw power plant. The project is a joint venture between Tata Power (60 per cent) and Hindalco (40 per cent).
The company is also implementing two 120 Mw power projects in Jamshedpur for providing electricity to Tata Steel's manufacturing plant.
Source: Business Standard
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Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Bhushan Steel Limited - India
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- Bukit Makmur.PT - Indonesia
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- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Indika Energy - Indonesia
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- Chamber of Mines of South Africa
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- Attock Cement Pakistan Limited
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- Australian Coal Association
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- Merrill Lynch Commodities Europe
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- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
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- Africa Commodities Group - South Africa
- Economic Council, Georgia
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- Deloitte Consulting - India
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- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
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- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
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- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- The University of Queensland
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
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- Ceylon Electricity Board - Sri Lanka
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- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
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- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
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- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
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- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
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- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
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- Bangladesh Power Developement Board
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- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
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- India Bulls Power Limited - India
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- Thai Mozambique Logistica
- White Energy Company Limited
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- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
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