We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
 "A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet given for a project to be competitively bid", as reported by business-standard of India
The block, located in Raigarh district of Chhattisgarh, has reserves of 768 million tonnes. The coal block allotted for the Sasan ultra mega power project (in Madhya Pradesh) has around 750 mt. The miner-cum-power developer who would win the project will have to put up a 1,920 Mw power project. Half the power produced can be sold on a merchant basis, while the other half should be sold to Maharashtra and Tamil Nadu state electricity boards. The extra coal from this mine has to be diverted back to the joint venture company.
Industry sources say the high technical qualification norms might not allow many companies to qualify. Bidders should have at least three years experience in mining 10 million tonnes in the past three years, either in India or abroad. Bidders who have been selected to develop a coal mine with geological reserves of 250 mt are also qualified.
Some power companies like Reliance Power, Indiabulls have experience in developing coal mines, as a part of pit-head projects. But many companies will have to scout for coal mining partners to jointly bid for this project. “We are looking to partner with Indonesian coal mining companies,” said an official who is planning to bid for the project.
Analysts say Indian power companies have traditionally never engaged in coal mining and, hence, most of them lack experience. “Indian power companies normally get coal either from Indonesia, trading companies or Coal India. Most of them do not have any experience in mining. But a few players have started entering the field now, like JSW Energy or Reliance Power,” said Rupesh Sankhe, analyst, Angel Broking.
The project criterion also demands that the bidder should have either implemented or have under implementation projects with a capital cost of at least
Rs 10,000 crore or 2,000 Mw in the past seven years. Further, the company must have achieved financial closure of Rs 6,000 crore.
The project also has a unique financial requirement, that asks bidders to have Rs 400 crore in the form of fixed deposits, liquid mutual funds or fixed maturity plan investments. “These conditions are very tough. Other projects do not ask for these kind of conditions,” said another prospective bidder.
Analysts say while qualifications norms are tough, it is likely this project could generate a lot of interest, as the investment climate is very positive in the power sector. Many power companies have achieved financial closures of their projects and are ready to take on new commitments.
“Reliance Power has already achieved financial closures of two power projects, Lanco has tied-up for its near-term requirements, Tata Power has enough internal accruals, NTPC is sitting on a lot of cash; Adani Power has started operations in its Mundra power project,” said Sankhe.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
|
|
|
Showing 5701 to 5705 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Australian Coal Association
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
|
| |
| |
|
