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Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT


Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will commence in Sampur on November 10.

The power purchase agreement in context of the joint venture will be signed in Colombo at the end of this month. Chairman, Ceylon Electricity Board E.A.S.K. Edirisinghe will sign the agreement on behalf of Sri Lankan Government, while a senior official, attached to the National Thermal Power Corporation (NTPC) of India will sign the agreement on behalf of NTPC.

Power and Energy Ministry Senior official Harsha Abeyakoon told the Sunday Observer that 500 MVs will be added to the national grid from the first phase of the project, while another 500 MVs will be added from the second phase.

He said due to various reasons the construction work of this joint coal power project which was approved by the Cabinet two years ago was delayed.

"However, during that period the construction work of two coal power projects including the Norochcholai coal power plant was commenced and the Government is expected to generate over 1200 MVs from these power plants," he added.
Source: Sunday Observer



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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...


Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...


Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...


Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...


Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...


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