We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
 Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep 30 against Rs.124 crore (US$ 26,232,282) in the corresponding quarter a year ago, a top company official said here Thursday.
"We had to import lot of expensive power during the quarter than we did before," Sanjiv Goenka, company's vice chairman told reporters here. Describing the quarter performance as decent, he said the power plants were working at 98.6 percent across all stations.
CESC, the flagship company of diversified RPG Entreprises, is the sole distributor of electricity within an area of 567 sq kilometre of the city and adjoining Howrah. It owns and operates four thermal power plants generating 975 MW of power.
These power plants are: Budge Budge Generating Station (500 MW), Southern Generating Station (135 MW), Titagarh Generating Station (240 MW) and New Cossipore Generating Station (100 MW).
The company is expecting to finish the financial closure for the Dhariwal power project within the next seven to ten days, Goenka added. CESC has acquired a little more than 50 percent in Dhariwal Infrastructure to set up a 600-MW thermal power project at Chandrapur in Maharashtra.
The project cost is around Rs.2,850 crore and will be funded in a debt equity ratio of 70:30. He said the Maharashtra project will come up before the Haldia project, which is yet to get the last tract of its allotted 400 acres, he added.
Goenka is hopeful that the financial closure of the Budge Budge project will be done by the year-end. The third unit (250 MW) in Budge Budge is being constructed at a cost of Rs.1,200-crore (US$ 253,860,814). The Budge Budge power station currently has two units of 250 MW each.
The company has been short-listed for the Patna circle, he said.
"We are one of the three parties shortlisted for the Patna circle but has decided to go to court for the admissibility of a bidder which has emerged as the highest bidder as we doubt their credential," Goenka said.
The company is also looking for acquiring existing power generating units in the range of 300-600 MW capacity, he said as a part of its expansion plans.
The recent coal price hike by Coal India of around 15 percent has hit the power utility hard though Goenka refused to quantify the financial impact.
"We have started looking at acquiring coal mines in South Africa and Australia to bring down our coal cost," Goenka said. The company's plans to acquire coal blocks in Indonesia have not made any progress till now.
"We looked at six coal mines there but in every mine we found out the actual coal reserve was a mere fraction of the stated reserve," the vice chairman added.
Source: Economic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
|
|
|
Showing 6336 to 6340 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
|
| |
| |
|
