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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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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- The University of Queensland
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Planning Commission, India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
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