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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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- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Planning Commission, India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- The University of Queensland
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- The Treasury - Australian Government
- Economic Council, Georgia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Australian Coal Association
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
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