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Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
 Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid in its initial stage.
Six-hundred megawatts and five-hundred megawatts will be added to the national power grid by 2016 and 2017 respectively.
Power and Energy Minister Champika Ranawaka said Sri Lanka is considered as a country in Asia that has successfully managed to provide a qualitative and stable electricity supply with good frequency to the general public throughout the day.
“Currently 85 percent of the total number of families are covered by electrification projects in the country. The Government plans to enhance this figure up to 100 percent by 2012,” he said at a ceremony to commission the solar system installation at the Lanka ORIX Leasing Company (LOLC) yesterday.
The solar system installation was officially commissioned by the Minister.
Minister Ranawaka said every divisional secretariat has been provided with power supply and no village without power supply will be seen in the country by 2012.
In keeping with Government’s mission to provide electricity to all, more and more investors and industrialists will be able to invest in country without setting up their ventures in foreign countries in the face of escalating electricity rates in the country, the Minister said.
“The cost of producing power and energy has risen to unbearable proportions and plans are afoot to promote renewable energy sources such as wind power, solar power and geo-thermal technology to overcome this situation in the country while modernizing the entire energy sector in 2 years,” he said.
The country uses 58 percent of eco-friendly energy sources out of the current energy requirements while electricity sector is using 35 to 40 percent of eco-friendly energy sources.
Sri Lanka is considered as a country that has a lower carbon footprint when compared to other countries in the world.
The country’s per capita carbon consumption is estimated as 600 kilogram and it is 2,200 kilogram in India, 5,600 kilogram in China and 24,500 kilogram in USA.
With the commissioning of the Puttalam coal power plant, current carbon quantity will be rise to 1,100 kilogram. However, it would not harm the country’s environment as the country is still recording a lower carbon footprint in comparison to countries in the world,” Minister Ranawaka said. LOLC Group Managing Director Kapila Jayawardena said the newly installed 48 kilowatts of solar system of LOLC successfully contributes to 15 percent of the company’s daily energy requirement by reducing the dependency on power from the national grid.
The system has been designed, installed and commissioned by Access Solar (Pvt) Ltd.
This is the largest installation of its kind in a financial institute in Sri Lanka. The new solar power consists of solar cells which are made up of eight arrays of with eight inverters, which contains an individual capacity of six kilowatts.
Source: Daily News
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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Posco Energy - South Korea
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
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