We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
|
|
|
Showing 6546 to 6550 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Planning Commission, India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
|
| |
| |
|
