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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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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Planning Commission, India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
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