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Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
 NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan attorney general (AG) was awaited. With the re-election of President Rajapaksa, the AG’s opinion will come soon, which will help both NTPC and Ceylon Electricity Board to start the project implementation by the end of the month.”
With the AG’s opinion in, the way would be clear, said the sources, for the joint venture agreement between CEB and NTPC, a power purchase agreement between the JV company and CEB, and an agreement between the Board of Investment and the JV company. An implementation agreement and a coal supply agreement would also be in place.
| “NTPC plans to import coal from Indonesia or South Africa for the its 500-Mw proposed power project in Sri Lanka” |
Though NTPC and CEB had signed a memorandum of understanding in 2006 for the project, both parties time to sort out various issues on the payment security mechanism and selection of project site. Each is to contribute half the equity. The project would be funded with a debt to equity ratio of 70:30.
According to sources, a site at Sampur, in Trincomalee district, has been finalised. NTPC plans to import coal from Indonesia or South Africa for the proposed project. Meanwhile, NTPC is also exploring options to take equity or acquire coal mines in Australia, Indonesia, Mozambique and South Africa.
Similarly, NTPC and Bangladesh are exploring options of setting up a 500-Mw imported coal-based power project there. NTPC is also interested in operation and maitenance contracts for new power projects in Bangladesh. “A team is visiting Banladesh this month to work out further details,” NTPC sources said.
Source: Business-Standard
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Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
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- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- McConnell Dowell - Australia
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
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