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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, 20 November 13
TAIPOWER TO IMPORT 0.825 MMT OF 5000 GAR COAL FOR Q2' 14
COALspot.com: Taiwan Power Company intends to procure 825,000 metric tons of general sub-bituminous coal with calorific value not lesser than 5,000 ...
Wednesday, 20 November 13
CAPES AND PANAMAXES SOFTENING; SMALLER SIZE SEGMENTS FIRMING FURTHER - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable- )
The BDI has closed off the week on the red, with rates for Capes and Panamaxes softening and those fo ...
Tuesday, 19 November 13
INDONESIAN GOVERNMENT'S DECLARED COAL PRICE REFERENCE UP 1.98% IN NOVEMBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 1.52 / MT ...
Tuesday, 19 November 13
WEEKLY COAL EXPORTS FROM NEWCASTLE PORT INCREASED BY 20.59%
COALspot.com: In the week ended November 18, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.92& ...
Tuesday, 19 November 13
SHIP OWNER POUR MORE MONEY INTO DRY BULK CARRIER ACQUISITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent dry bulk market's rally, coupled with an expected fall in oversupply and robust cargo demand has boosted ship owners' optimism on the l ...
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- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
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