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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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Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of En ...
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- The Treasury - Australian Government
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