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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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Friday, 08 November 13
DRY BULK MARKET BOUNCES BACK ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market staged a mild comeback this week, as the industry's benchmark, the Baltic Dry Index (BDI) inched forward step by step and bit b ...
Friday, 08 November 13
US'S OCTOBER COAL PRODUCTION INCREASED BY 1.78% M-M - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...
Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its Chi ...
Thursday, 07 November 13
INDONESIAN COAL EXPORT VOLUME INCREASED; REVENUE DECREASED
COALspot.com: Indonesia, the 15th largest economy, 4th largest coal producer in the world and world's largest multi grade coal exporter shipp ...
Thursday, 07 November 13
THE ENERGY INDUSTRY'S RISING WATER CHALLENGE - WOOD MACKENZIE
Water poses a variety of business risks for the energy industry, and could play an influential role in shaping the future energy supply mix, accordi ...
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- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- The University of Queensland
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Australian Coal Association
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
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