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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is also evaluating coal properties with sizeable reserves in Indonesia, Australia and South Africa, its chief financial officer J Suresh Kumar said on Tuesday.
At present, the company has one imported-coal based project - Udupi Power Project - in Karnataka, which would be completed in the last quarter of financial year 2011. Debt and equity funds estimated at Rs 4342 crore for the 1,015-mw project have been arranged by a consortium of 14 banks and financial institutions led by Power Finance Corporation.
Kumar said the company was evaluating opportunities to set up more such projects of same capacity. Lanco has lined up capacity addition targets of 15,000 mw during next five years. Lanco Infratech’s operating power capacity more than doubled to 1,349 mw during last financial year. Its total operating and under-construction power portfolio stands at 9,300-mw.
Lanco also figures among the power generators who are on look out for fuel in coal-rich nations like Australia, South Africa and Indonesia. NTPC has appointed three merchant bankers for due-diligence on acquisition of coalmines in Indonesia. Country’s largest private power producer Tata Power has a stake in two Indonesian coal companies.
The company on Tuesday announced a 63.5 per cent growth in profit after tax to Rs 458.6 crore in 2009-10 from Rs 280.4 crore in 2008-09.
The net profit for fourth quarter ended March 31, 2010 went up by 26 per cent to Rs 113.3 crore from Rs 89.9 crore during the corresponding period previous financial year.
Kumar said the rise in profits was due to company’s good performance in power business. “The company added 800-mw of operating capacity in the previous fiscal a good chunk of which was sold as merchant power at an average tariff of Rs 4 – Rs 4.50 per unit.” Lanco Infratech expects to add 2,600-mw to its generating capacity in the present financial year.
Commenting on the company’s performance, Lanco Infratech chairman L Madhusudhan Rao said, “With power generation and construction & EPC as our strengths, we are also exploring opportunities in roads, transmission, distribution and other emerging infrastructure sectors.”
Source: My Digital FC ( By Sarita C Singh )
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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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- London Commodity Brokers - England
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
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