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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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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
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- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- White Energy Company Limited
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
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