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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, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Australian Coal Association
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- The University of Queensland
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
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