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Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
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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Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- Samtan Co., Ltd - South Korea
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- Merrill Lynch Commodities Europe
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- Singapore Mercantile Exchange
- MS Steel International - UAE
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- Petron Corporation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
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- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
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- White Energy Company Limited
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- PTC India Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
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- Indian Energy Exchange, India
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- Neyveli Lignite Corporation Ltd, - India
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- Maharashtra Electricity Regulatory Commission - India
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- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
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- Ind-Barath Power Infra Limited - India
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- Commonwealth Bank - Australia
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- Power Finance Corporation Ltd., India
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- Kohat Cement Company Ltd. - Pakistan
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- Australian Coal Association
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- Independent Power Producers Association of India
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- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
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- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
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- Indian Oil Corporation Limited
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- Australian Commodity Traders Exchange
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- Bulk Trading Sa - Switzerland
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- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
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- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
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- Economic Council, Georgia
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- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
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