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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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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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- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
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