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Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
.jpg) Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmission and distribution, is eyeing more feedstock from its Indonesian coal mines to fire its proposed thermal plants in India. Tata Power is planning to add 26,916 mw to generation capacity at its Haldia, Maithon and Mundra plants by 2013.
To feed its coal-fired plants, TPC had bought 30% in Kaltim Prima Coal (KPC) and PT Arutmin Indonesia (Arutmin), besides a trading company owned by PT Bumi Resources Tbk (Bumi Group) for a consideration of $1.1 billion a couple of years back. Tata Power has the rights to ship 11.7 million tonne per annum coal for its 4,000 mw Mundra ultra-mega power plant (UMPP), which is expected to be scaled up to 8,242 mw by 2013. Coal is the main feedstock for most of the UMPPs floated by the power utility.
Senior TPC officials told analysts that the company expects coal capacity at its Indonesian mines to rise from 60-75 mtpa to 100 mtpa in the near future. In 2009, the Indonesian assets produced 62.7 mt, with a realisation of $62 per tonne. TPC expects sales volume and realisation to remain firm from this asset, considering the recent uptick in coal prices.
The company recently won two captive coal blocks in India -- the Mandakini block in Orissa and the Tubed block in Jharkhand. The 7.5 mtpa Mandakini block is a three-way joint venture with Jindal Photo Films and Monet Ispat and Energy. All three partners have an equal share of 2.5 mtpa each in its output.
The Tubed block was allotted to Tatas with Hindalco as its partner. Hindalco will get 60% of the output, while 40% will go to the Tatas.
The Tata group has lined up Rs 23,600 crore for its power projects, of which Rs 55,000 crore will come from internal accruals and another Rs 18,000 crore as debt from domestic and foreign institutions. TPC has already tied up with IFC, ADB and K-Exim to fund the foreign currency part of the $3.2 billion debt of its $4.25 billion, 4,000 mw, coal-fired Mundra UMPP, which is slated to come up near Mundra Port in Gujarat.
Tata Power, along with rival Reliance Energy, is planning to add a whopping 22,477 mw of power to the national grid during the 11th Plan period (2007-12). This translates into 28% of the total 80,000 mw capacity-addition planned by the Centre during the 11th Plan period.
Source: Financial Express (By: P Vinod Kumar )
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Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
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- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
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