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Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the state-owned aluminium major Nalco has shelved its proposed project in South Africa, and has put on hold the one in Iran.
Nalco had planned a Rs 17,000-crore (US$ 3.681 billions) project in South Africa to set up a 5-lakh (0.5 million) tonne aluminium smelter plant and a 1,250-MW power plant. However, both these projects have been abandoned now as the company has found that there is no sufficient coal in the offered reserves to feed the ventures, Nalco Director Finance B L Bagra told PTI.
"We could not get coal resource as required to run the captive power plant which was to feed the smelter project. The authorities there had offered some blocks, but it was not sufficient to meet our requirement," Bagra explained.
The Nalco official has also informed that the company has put on hold the Rs 10,000-crore (US$ 2.165 billions) Iranian project, which involved setting up a 3.3-lakh (0.33 million) tonne aluminium smelter plant and an 800-MW power station, as the company has so far been unable to tie up funds for the project.
"In Iran, we are still not able to tie up funds for the project. The project, thus, is currently on hold," Bagra said, adding, however, that the company is still in the process of securing finances for the project. But did not name the prospective lenders with whom the firm is in talks.
Meanwhile, Nalco said it is going ahead with its Rs 17,000 (US$ 3.681 billions) - project in Indonesia to set up 5-lakh (0.5 million) tonne aluminium smelter and 1,250-MW power plant. (1 USD = 46.1800 INR)
Source: The Economic Times
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Saturday, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India
...
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...
Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique ...
Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...
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- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- The University of Queensland
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
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