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Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa Power project, while some have refused to sign it objecting the penalty clause.
"Till now Coal India (CIL) has entered into agreements with 13 power units including Rosa Power," a source privy to the development told PTI.
The development comes close on the heels of power sector planning body Central Electricity Authority (CEA) seeking PMO's intervention on fuel supply agreements (FSAs) as a few firms have refrained from entering into pacts with CIL amid differences over penalty to be paid by the coal behemoth if it fails to supply 80 per cent of the contracted fuel to them.
Power producer NTPC is among the companies that have refused to sign FSAs.
So far other power firms with which CIL has entered into pacts includes Lanco Anpara Power and Bajaj Hindustan.
Last month, the government had issued a directive to CIL to commit a minimum of 80 per cent of fuel supply to power producers, failing which it would attract penalty.
The directive was issued following a meeting between the power sector honchos and the Prime Minister's Office.
On when will the Maharatna firm be able to sign FSAs with all the 48 power units, a source with CIL had earlier said: "It is difficult to give a time frame as CIL is signing pacts as and when the power companies are coming forward."
The state-owned firm is likely to enter into pacts with firms having a capacity of less than 30,000 MW.
The model FSA format includes clauses like suspension of supply of coal to power firms if they were found diverting the dry fuel for any purpose other than the specified end-use plant.
It also includes clauses like 80 per cent trigger level and penalty of 0.01 per cent in case of failure to adhere to the agreement.
Source: Press Trust of India
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Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
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- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
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