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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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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
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- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
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- Ministry of Transport, Egypt
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- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Planning Commission, India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
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