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Wednesday, 01 January 14
COAL & OIL TO SET UP ANOTHER 1,600 MW POWER PLANT IN INDIA - VENKATARAMANI
COALspot.com: Dubai-based Coal & Oil (C&O) Group is planning to make additional investment of around US$ 1.61 billion to set up 1,600 mega watt of power plant in Tuticorin, Tamil Nadu. The company is already investing around US$ 1.09 billion to set up 1,200 MW plant in the same district.
R Venkataramani, vice president – finance and accounts, C&O Group, said that public hearing was completed for the proposed expansion. Once the existing project completes, the company will take the next phase of expansion which would attract investment to the tune of around US$ 1.61 billion, as quoted by Business Standard of India. He added, the company has enough land available, to the tune of around 1,000 acres (approximately 404.68 hectares) in Tuticorin for both upcoming and proposed expansion, the paper added.
“ Developed in the Tuticorin District, Tamil Nadu, the Mutiara Thermal Power Plant aims to address the 5,000mw power shortage in the state. The company has signed a Power Purchase Agreement (PPA) with the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for 600 MW,” he added, as quoted by Business standard.
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| Photo Courtesy: Coal & Oil, Dubai |
Recently, C&O has announced that it has secured additional funding of approximately Dhs. 1 billion (approximately US$250 million), to complete its 1200mw Independent Power Plant (IPP), presently under construction in Tuticorin, Tamilnadu, India. The plant owes its development to Coastal Energen Pvt Ltd, the power generating Flagship Company of the Coal & Oil Group, and perhaps the region's second-largest private investor, with capital expenditures exceeding Dhs. 4.25 billion (approximately US$ 1.1 billion). According to company’s recent press release, the first unit of the power plant is expected to be commissioned by Q3 2014, while the second unit may follow in 6 months.
The Indian power market information indicates that, all India installed capacity has reached about 134,888 MW (coal based ) as of 31 October 2013.
Coal & Oil Group is a US$ 750 million Integrated Energy Company involved in various aspects of Energy supplies, including coal trading, mining, shipping, logistics and power generation. Established in Dubai in 1998, it is one of the largest suppliers of coal to India. Its maiden power project, through its subsidiary, Coastal Energen Pvt Ltd, is a logical extension of the company's core Energy Management.
Total tonnage of coal imported and supplied into India by Coal & Oil was about 9 million tons in 2013. Indonesian origin of 4200 GAR coal was dominating Coal & Oil’s imports in to India in 2013.
C&O plans to import 13-15 Million tons of coal into India during the fiscal year 2014-15. Coal & Oil's annual coal import will jump over 20 million per annum, once MTPP, the 1200 Mw power plant commenced its commercial operation by H2' 2014.
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Wednesday, 09 July 14
PANAMAX MARKET FINALLY CORRECTING UPWARDS; AVERAGE TC MORE THAN DOUBLING WEEK ON WEEK - INTERMODAL
The Dry Bulk market has closed off on Friday on a more positive note, with most segments noting weekly gains and the Panamax market finally correct ...
Wednesday, 09 July 14
SHIPPING MARKET INSIGHT - PANOS TSILINGIRIS
The mini-boom in dry bulker values catapulted ship prices too fast too far over the last one-and-a-half year. The concurrence of historically low p ...
Tuesday, 08 July 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN IN JULY; LOST 1.62%
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of J ...
Tuesday, 08 July 14
ENERGY IN THE MIX - INTERMODAL SHIPBROKERS
With the Tanker freight market having showed much promise this year compared to the performance that had been noted during the previous five, it is ...
Monday, 07 July 14
INDONESIA STATE-CONTROLLED COAL MINER BUKIT ASAM TO TRADE COAL ON-LINE THROUGH JFX
COALspot.com: Indonesian state owned coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) has teamed up with Jakarta Futures Exchange (JFX) to sell ...
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- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
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