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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port.
The ship – M.V. Matilda – carrying 62,000 tonnes of coal has started discharging the coal at the New Mangalore Port. Another vessel – M.V. Fortune Princess – with 66,200 tonnes of imported coal is waiting at the anchorage.
Sources in the port told Business Line that another two to three vessels for the UPCL project are likely to call at the port in the coming days.
It is learnt that the imported coal will be used for synchronisation of the thermal power plant at the Udupi district. Sources in the company said that regular shipment of coal is likely from third week of January.
It may be mentioned here that a dedicated berth is being constructed under BOT (build, operate, and transfer) mode at the New Mangalore Port Trust (NMPT) for handling the imported coal for UPCL. The project cost is estimated at Rs 230 crore (US$ 49,837,484).
Nearly 65 per cent of the work on the berth has been completed at the port. A railway line is being laid to the UPCL site to carry the coal from the New Mangalore Port to the site.
When fully commissioned, the power plant at Padubidri in Udupi district would produce 1,200 MW
Source: The Hindu Business Line
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
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