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Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN


Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract investment worth Rs 1,800 crore. The plant was originally planned to be in Andhra Pradesh.

While company officials refused to comment, government sources confirmed the development. They said the company was planning to set up 3x150-Mw, coal-based, thermal power project, which was first planned for Hankon in Andhra Pradesh.

The land requirement is estimated at 220 acres and is likely to use a blend of imported and Indian coal, in a ratio of 80:20. The imported coal requirement is estimated to be 1.28 million tonnes per annum and will be sourced from Indonesian collieries, added sources. To read more  Business-Standard



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Recent News

Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


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