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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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Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
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- Australian Coal Association
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- The University of Queensland
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
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