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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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Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
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- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
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- PetroVietnam Power Coal Import and Supply Company
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- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
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- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Planning Commission, India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
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- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Barasentosa Lestari - Indonesia
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