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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, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- Bhushan Steel Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
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