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Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
 Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomalee, a joint venture between the state owned NTPC Ltd of India and Ceylon Electricity Board(CEB) of Sri Lanka was signed yesterday, marking a landmark in bilateral economic cooperation between the two countries.
The paper further said, the power station at Sampur with a total investment of US $ 500 million, would be Sri Lanka’s second coal-fired power plant. The construction is to begin next year and the plant is slated to be commissioned by 2016. The country’s first such power plant in Norochcholai has already begun operations. India High Commissioner to Sri Lanka, Ashok Kantha yesterday identified it as the largest joint venture between the two nations, to date.
Emphasising on its significance, he said that the project would take economic cooperation between the two neighbours to new heights.
The high commissioner recalled that the initiation of the project had been languishing for some time until President Mahinda Rajapaksa visited India in June 2010, where decisions were taken to fast track it’s launch without further delay.
As a result NTPC Limited, the largest power generation utility of India and CEB signed the joint venture and shareholder agreement to set up the plant at Sampur yesterday.
The agreement was signed by Managing Director cum Chairman of NTPC Arup Roy Choudhury, and CEB Chairman Prof. Wimaladharma Abeywickrema, in the presence of Power and Energy Minister Patali Champika Ranawaka, High Commissioner Ashok Kantha, Indian Power Ministry Secretary P.Uma Shankar, Power and Energy, Ministry Secretary M.C. Ferdinando and other stake holders at Hotel Galadari, Colombo.
The project is a 50:50 joint venture between the CEB and NTPC. The government has allocated a 500 acre land in Sampur for the construction of infrastructure.
The government would also construct the coal unloading jetty and install related equipment. The Indian government has offered a concessionary line of credit of US $ 200 million to Sri Lanka to expedite the construction of infrastructure.
The coal for the project is to be imported and supplied by Lanka Coal Company. The capacity of the project may be enhanced by another 500 MW in the future.
The 300 m long jetty with a 700m access way will be designed to handle various coal ship sizes, bulk carriers ranging from conventional vessels of 40,000 to 175,000 DWT.
The power plant at Sampur has a total capacity of 500 MW with two generating units of 250 MW each. The annual coal requirement is around 1.4 million tonnes.
The plant is expected to use coal that comply with national environmental regulations and other international guidelines.
The transmission line will be a 220 kv double circuit line to new Habarana grid station.
According to High Commissioner Kantha in relation to market capitalization state owned NTPC is among the top five firms in India. It is India’s No. 01 power producer. The Sampur project is considered as NTPC’s first overseas venture.
It ranked 341st in 2010 Forbes Global 2000’ ranking of the world’s biggest companies. The total installed capacity of NTPC is 34,854 MW, with 15 coal based, seven gas based power stations and six joint venture power projects across India.
The CEB says that after the completion of 900 MW coal power plant at Puttalam, the generation expansion plan stipulates the addition at a rate of 250-300 MW of coal power plants annually up to end of its planning horizon.
Source: Daily News (By Rasika Somaratna)
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Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
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- Anglo American - United Kingdom
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- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Minerals Council of Australia
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- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
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- Merrill Lynch Commodities Europe
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- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
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- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
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- Parliament of New Zealand
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- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
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- Indian Energy Exchange, India
- Indonesian Coal Mining Association
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- Mercuria Energy - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Planning Commission, India
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- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
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- Meralco Power Generation, Philippines
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- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
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- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
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- Altura Mining Limited, Indonesia
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- OPG Power Generation Pvt Ltd - India
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- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
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- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
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- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
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- Ministry of Transport, Egypt
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