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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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Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
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- Planning Commission, India
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- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
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- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
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- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
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- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
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- London Commodity Brokers - England
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- Sinarmas Energy and Mining - Indonesia
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- Thiess Contractors Indonesia
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- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
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- Vedanta Resources Plc - India
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- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
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- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
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- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
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- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
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- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
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- Jorong Barutama Greston.PT - Indonesia
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- Standard Chartered Bank - UAE
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- Orica Australia Pty. Ltd.
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- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
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- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
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- Australian Coal Association
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- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
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- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
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- MS Steel International - UAE
- Baramulti Group, Indonesia
- Minerals Council of Australia
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- Singapore Mercantile Exchange
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- Bhatia International Limited - India
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