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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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Friday, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...
Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...
Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production &ndas ...
Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
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- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
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