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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, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
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- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Australian Coal Association
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
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