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Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business and in its proposed distribution business. The company has shortlisted three companies for the proposed partnership in transmission.
For its expansion plan, the company is planning to acquire coal mines abroad. It will invest Rs 14,048 crore over five years in power generation, transmission and mining. It plans to raise around Rs 3,000 crore through a public offer (IPO).
Pramod Menon, chief financial officer, JSW Energy, said, “The company’s main business is production, and going forward, we would like to become an integrated power company.”
JSW Energy has floated Jaigad Power Transco, a joint venture company floated with Maharashtra State Power Transmission. JSW Energy holds 74 per cent stake in the company, which bagged a Rs 580-crore order for a 169 km transmission line. To strengthen this business, the company plans to bring in a technology partner. “We are talking to three foreign companies for a potential technology tie-up. We will not dilute any stake and the partnership would be on a project-to-project basis.” The company is also planning to foray into power distribution business through the same model, said Menon.
On the power production business, he said the company planned to invest Rs 14,048 crore over five years. Of this, Rs 9,500 crore will be invested before March 2011. He said the company commissioned a 600 Mw power plant in Vijayanagar, Karnataka, and a 135 Mw plant in Barmer, Rajasthan. With the recent addition of 735 Mw, the company now has 995 Mw generating capacity.
JSW Energy’s power generation capacity is likely to go up to 3,140 Mw by April 2011 and 11,390 Mw by September 2015. The new plants will be in Karnataka, West Bengal, Jharkhand, Rajasthan, Maharashtra, Himachal Pradesh and Chhattisgarh.
On acquisition of coal mines, Menon said the company required six million tonnes of coal per annum. “To meet this demand, we are exploring the possibility of acquiring coal mines at Australia and Indonesia.” Due diligence is in process,” added Menon.
Source: Business-Standard
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Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
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- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
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- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- PTC India Limited - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
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