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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, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...
Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy
Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of las ...
Wednesday, 28 July 10
INDONESIA'S MERUKH SECURES US$200 MLN INVESTMENT FROM SAN MIGUEL
Trading Market Reported that, Indonesian mining company Merukh Enterprises said it has secured an investment commitment of US$200 million from the P ...
Wednesday, 28 July 10
RIZAL RISJAD MAY OWN 10% BERAU ENERGY
Rizal Risjad, son of Indonesian tycoon Ibrahim Risjad, might own 10% stakes in PT Berau Coal Energy Tbk (BRAU), parent company of Indonesia's fifth ...
Wednesday, 28 July 10
UNUSUAL RAINS TO HIT COAL EXPORTS
COALspot.com: Heavy rains in South and East Kalimantan have compelled coal exporters to delay or cancel coal exports. PT Bayan and PT. TIA hav ...
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- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
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