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Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though the company has tied up for domestic linkages.
Mr Ameet Desai director of Adani Power said “Of the total coal requirement of 15 million tonne, 8 million tonne to 9 million tonne would have to be imported.”
Mr Desai said “Procuring coal from Indonesia is a risk, but one which the company is willing to take. It has long term supply agreements and mining rights in the Bunyu Island of Indonesia. Based on the geological study, we think that the mines would yield good results.”
Mr Gautam Adani chairman of Adani Power said “Land, coal and water linkages have been tied up for the Mundra and Tiroda projects. The first unit of 330 MW in Mundra was online. It has tied up with State utilities for about 70% of the 6,600 MW to be produced at the two projects. The balance would be traded on merchant basis.”
Moreover, it has set up 433 circuit kilometer of 400 KV line to connect the power station to Dehgam, the Gandhinagar sub-station of Power Grid Corporation of India Limited to evacuate power in the first three phases of the Mundra project. In the 4 phase, an 800 kilometer HVDC line would link the power station to Mohindergarh, Haryana. The Tiroda plant would have a 140 kilometer line to Koradi and another 225 kilometer line to Wardha.
Mr Desai said “Under the power purchase agreement, it will sell power at an average cost of INR 2.70 a unit, while that sold on the merchant basis could fetch INR 4.50 a unit.”
Source: Steel Guru
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
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