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Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bhagalpur in Bihar.
“I can share with you that we are preparing for a 2,000 MW generation plant at Pirpainti near Bhagalpur. Land acquisition for the project has already begun,” company vice-chairman Sanjiv Goenka told reporters after the company’s Annual General Meeting (AGM).
“We began the initiative six months back by opening a new power company, Nalanda Power Company, which is a 100 percent subsidiary of CESC,” Goenka said.
CESC has also applied for coal mining rights for sourcing the required coal for this coal-fired merchant thermal power unit, said Goenka.
The project, spread over 400 acres, will be funded through a 70:30 debt-equity ratio. The equity would come through internal accruals.
“We are also upbeat over a 350 MW power distribution project for Patna City, where we have been short-listed along with Reliance Energy. If we finally get this, we think this is a fit case for improvement. Its current transmission and distribution (T&D) losses is 48 per cent and it reminds us of the days when we took over the erstwhile Calcutta Electric Supply Corporation,” he said.
CESC Ltd will add another 5000-6000 MW generation capacity over the next seven years of time with a total capital outlay of over Rs 24,000 crore.
Of this, the company has already conducted test synchronization for 250 MW Budge Budge-III and hopes to commission the unit by September, this year.
Goenka said, Budge Budge-III was being commissioned in 28 months from its financial closure, which is a record of its kind in the country.
The company on Friday announced a 11.7% rise in net profit to Rs 105 crore for the quarter ended June 2009, against a a Rs 94 crore net in the earlier corresponding period. Total income for the period was higher at Rs 820 crore (Rs 816 crore) – a marginal 0.5% rise.
“An 11.7% rise in net profit over a marginal rise in income has been due to overall improvement in performance parameters including lower transmission and distribution losses and rise in generation efficiencies,” Goenka said.
Interestingly, CESC managed to bring down expenditure by about 5.1% while profit from operations witnessed a sizeable 35% rise during the period.
The company will also set up new power plants at Dumka in Jharkhand and Talcher in Orissa.
Source: Jai Bihar
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Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...
Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...
Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...
Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...
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- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
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