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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 as part of the financing for its fast track power projects, a PLN official said on Wednesday.
PLN previously said it needed to raise a total of $8 billion to finance the first phase of the government's crash programme, which will add 10,000 megawatts with the construction of several coal-fired power plants. So far, it has raised over $6 billion, with most of the funding from Chinese banks.
On Wednesday, PLN signed two loan agreements with China Development Bank, a $625 million loan for a 660-MW coal-fired power plant in Central Java and a $138 million loan for a 224-MW plant in West Sumatra.
PLN also signed an agreement for a $329 million loan with a consortium of domestic banks, including from BRI, Bank Mandiri and BNI
"PLN still needs about $400 more in foreign exchange and about 2 trillion rupiah ($213.6 million) to finance the rest of the 10,000 MW projects," PLN's president director, Fahmi Mochtar, told reporters. He declined to give details of the loan terms.
President Susilo Bambang Yudhoyono, who won a second, five-year term in July, has pushed the crash programme to resolve power shortages. The government also plans to build a second phase of 10,000 MW power plants, using coal and renewable energy such as geothermal.
Mochtar said some of the first phase of the coal-fired power plants, especially in Java island, will be in operation by the end of this year.
These include Rembang power plant in Central Java, with two units of 315 MW capacity, Labuan plant in Banten province, western Java, with two units of 300 MW capacity, and Indramayu in West Java province, with three units of 350 MW capacity.
Originally, phase one was due to be completed next year, but because of difficulties in obtaining funds, completion has been postponed to 2011.
PLN has 25,000 MW of generating capacity but daily output is far less because most of its plants are old and inefficient. Industry officials forecast Indonesia's power demand will grow around 10 percent a year.
Source: Reuters
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Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...
Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was & ...
Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...
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Showing 6326 to 6330 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Planning Commission, India
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- The University of Queensland
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- London Commodity Brokers - England
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
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