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Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
 Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company said today.
The port will cost a total of Rs 1,150 crore, almost half of which has already been infused.
"Mundra Port and Special Economic Zone (MPSEZ) announces commencement of operations of the dry bulk cargo port at Dahej," the company said in a statement here.
The port is being set up by Adani Petronet Port Pvt Ltd in a joint venture with Petronet LNG at a cost of Rs 1,150 crore. Petronet, which owns 24 per cent in the joint venture, is already operating an LNG import terminal at Dahej, along with a berth for ships.
The operations at the port started with the arrival of the first ship (M V Sesa Star Cosmos) today containing a consignment of coal docks at Dahej.
"With the commencement of operations at Dahej, it would be the second operational port in Gujarat for MPSEZ and the only one which has become operational in the private port category in the last 4-5 years," it further said.
The infrastructure sector-focused group is increasingly looking to acquire coal assets overseas to feed its power generation capacity.
Adani Enterprises, the flagship company of the group led by billionaire Gautam Adani, had posted an over three-fold jump in profits to Rs 407 crore for the first quarter of the current fiscal, mainly due to strong performance by its non-core businesses including the power segment.
Earlier this month, Adani Enterprises, which is the country's largest coal importing company, sealed a ASD 3 billion deal to buy the coal assets of Australia's Linc Energy, to support its plan to expand power generation capacity to 20,000 MW by 2020.
It was recently awarded preferred proponent status for developing the Dudgeon point terminal in Macay, Queensland, Australia.
The company has also entered a USD 1.65 billion tripartite pact with an Indonesian firm to source coal. Its subsidiary, Adani Power, is working on 4,620-MW project in Mundra, Gujarat. It has also announced two power projects in the state, at Hazira and Dahej.
Source: Economic Times
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Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
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- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- The University of Queensland
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
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