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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, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Larsen & Toubro Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Commodity Traders Exchange
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- Georgia Ports Authority, United States
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- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Economic Council, Georgia
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- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
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- VISA Power Limited - India
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
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- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
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- Asmin Koalindo Tuhup - Indonesia
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- CNBM International Corporation - China
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- Ministry of Finance - Indonesia
- White Energy Company Limited
- The University of Queensland
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
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- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
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- Indian Oil Corporation Limited
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- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
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- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
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- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
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- Merrill Lynch Commodities Europe
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- Xindia Steels Limited - India
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