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Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billion (around Rs 22,000 crore) in two projects-one each in South Sumatra and Jambi provinces. The investment covers coal mining, setting up of railway lines, ports and power projects.
According to a senior company official, who did not wish to be identified, the project in South Sumatra involves development of a 2- billion MT coal mine, a 200-km railway line, a port and a 2,000-MW power project at a cost of $3.5 billion. The project in Jambi involves another coal mining unit, along with a port, railway line and a small power plant. It will cost $1.5 billion without the power project.
Reliance Coal Resources, a subsidiary of Reliance Power, will sign two MoUs with representatives of the governments of both the provinces in New Delhi on Tuesday. Reliance ADA Group chairman Anil Ambani and Indonesian President Susilo Bambang Yudhoyono are exected to be present during the occasion. Fiscal concessions, including land, are being offered to Reliance Power to make it attractive for them to invest in Indonesia, the official said. The investment for the development of the coal mine, rail & port infrastructure and the power project in Sumatra would be made in the next five years.
In 2010, Reliance Power's wholly owned subsidiary Reliance Coal Resources had acquired three coal mines owned by two companies PT Sriwijaya Bintang Tiga Energi and PT Brayan Bintang Tiga Energi in the South Sumatra province. The three mines are spread over 1,25,000 acres and have over 2 billion MT of coal. The Indonesian government is providing the other concessions as Reliance Power would develop the other projects associated with it which include the railway line, port and power.
Coal from these mines will be exported for Reliance Power's Krishnapatnam Ultra Mega Power Project in Andhra Pradesh. which is based on imported coal and also used for its 2000 mw project in Indonesia. These mines would ensure steady supply to the Krishnapatnam Project and also be more economical than other imported coal. Officials said talks are already on with banks to finance the first project in south Sumatra.
Source: The Times of India
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Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
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- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
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