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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

Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


Wednesday, 06 January 10
BUMI SHARES UP AS OVERALL PERFORMANCE BEATS PREDICTIONS
The world’s largest thermal coal exporter PT Bumi Resources saw its shares jump 10 percent to Rp 2,675 ($29 US cents) on Tuesday after the com ...


Wednesday, 06 January 10
INDIA MAY HAVE BECOME TOP BUYER OF SOUTH AFRICAN COAL
India may have overtaken Europe for the first time as the biggest purchaser of South African coal in 2009, according to Raymond Chirwa, Richards Bay ...


Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years. The German Coal Importer Association has ca ...


Tuesday, 05 January 10
SUPRAMAX MARKET REMAINED QUIET OVER THE LAST 10 DAYS BRS - DRY BULK
Despite a damp end to the year for bulk rates, shipping has weathered the storm far better than was initially expected in the wake of the financ ...


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