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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, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over ...
Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...
Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...
Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...
Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
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- The University of Queensland
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Economic Council, Georgia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
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