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Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
 Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatching coal next month, chairman Anil Sethi said.
SPML had acquired the PT Bism mine along with power equipment maker Emco last year for about $40 million. SPML holds 55% in the mine and Emco the rest. "The infrastructural activity at the mine was on for a year and we began mining last month," Sethi said. The mine has reserves of over 100 million tonnes. "We plan to export the coal to all across Asia, including India," he said.
The Indonesian government had last month proposed a plan to cap the export of coal at 150 million tonnes a year to meet the demand of local companies. The plan could come into force next year. "After the ban we would supply about 25-30% of the coal to local companies and export the rest," Sethi said. He added that the mine would start booking revenues next fiscal. He did not reveal how much the company expects the mine to contribute to the topline. "The market is volatile right now, so we can make a projection in a couple of months," he added.
SPML has an order-book of Rs 3,800 crore, about 60% of which comes from water contracts, 25% from infrastructure and 15% from power, which includes rural electrification, sub-stations and transmission lines. Their contribution to the topline is in a similar proportion.
"We are not very keen on rural electrification projects because of issues with villagers and panchayats," said Sethi. The share of power contracts in the order-book was 40% last year. SPML is one of the biggest companies in the water space, with projects spread across the country. SPML is also developing 42 mw of hydro power in Himachal Pradesh.
Source: DNA India
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Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
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- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
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