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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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Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- Mjunction Services Limited - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
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