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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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Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
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- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- White Energy Company Limited
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
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- Ministry of Mines - Canada
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- Toyota Tsusho Corporation, Japan
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- MS Steel International - UAE
- Ambuja Cements Ltd - India
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- Wood Mackenzie - Singapore
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- GMR Energy Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
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- Coal and Oil Company - UAE
- Romanian Commodities Exchange
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- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
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- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Central Electricity Authority - India
- The University of Queensland
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
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- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
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- Neyveli Lignite Corporation Ltd, - India
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- Vedanta Resources Plc - India
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- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
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- Planning Commission, India
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- Sical Logistics Limited - India
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- Chettinad Cement Corporation Ltd - India
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