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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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Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Australian Coal Association
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
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