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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 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
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- Bahari Cakrawala Sebuku - Indonesia
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- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
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- Global Coal Blending Company Limited - Australia
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- Medco Energi Mining Internasional
- MS Steel International - UAE
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- Singapore Mercantile Exchange
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- Bangladesh Power Developement Board
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- Pendopo Energi Batubara - Indonesia
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- Planning Commission, India
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
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- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
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- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
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- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
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- Bukit Asam (Persero) Tbk - Indonesia
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- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
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- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
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- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
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- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
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- VISA Power Limited - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
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- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
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- Barasentosa Lestari - Indonesia
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- Electricity Authority, New Zealand
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- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- The University of Queensland
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
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- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
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- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
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- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
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