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Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ forest approval for its Aries coal mine in Indonesia. This is the final approval needed ahead of commencement of mine development activities.
Essar Energy acquired a 100% interest in the Aries coal mine in April 2010 for US$118 million. The mining area comprises approximately 5,000 hectares located in the West Kutai region of East Kalimantan. A Joint Ore Reserves Committee (JORC) compliant resource assessment estimates that the block contains approximately 64 million tonnes of mineable reserves with an annual potential production of 4 million tonnes of coal with an average gross calorific value of 5,400 to 5,500 Kcal/kg. This is sufficient to provide a dedicated fuel supply to the Salaya I, 1,200 MW coal-fired power plant located in Gujarat, India.
The Company has already commenced the construction of supporting road and port infrastructure and it is expected that first coal will be available within 9-12 months of today’s announcement.
Until coal from the Aries coal mine becomes available, fuel for the Salaya I power project is being supplied under a fixed price coal contract with Essar Shipping and Logistics Limited, Cyprus. Unit 1 of Salaya I (600 MW), has already entered commercial operations, and unit 2 (also 600MW) is near to completion.
Naresh Nayyar, Chief Executive Officer of Essar Energy, said: "With today’s approval, we can now accelerate development at the Aries coal mine to provide fuel for our Salaya I power plant. This is a major step forward in our strategy of providing full fuel security for all of our power generation assets, thereby eliminating price and delivery risks."
Essar Energy has access to over 500 million tonnes of coal resources across seven coal blocks in India and overseas. This coal is sufficient to provide fuel to 5,250 MW of Essar Energy’s power generation capacity.
Source:Essar Energy
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
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