COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...


Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...


Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...


Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources * Deal could value Berau at more than $1 billion-sources Reuters reported that, China' ...


Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...


   1313 1314 1315 1316 1317   
Showing 6571 to 6575 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Binh Thuan Hamico - Vietnam
  • IBC Asia (S) Pte Ltd
  • Miang Besar Coal Terminal - Indonesia
  • Bangkok Bank PCL
  • APGENCO India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Kideco Jaya Agung - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • ASAPP Information Group - India
  • White Energy Company Limited
  • Merrill Lynch Bank
  • Vale Mozambique
  • Georgia Ports Authority, United States
  • Medco Energi Mining Internasional
  • Russian Coal LLC
  • Maybank - Singapore
  • Meenaskhi Energy Private Limited - India
  • GHCL Limited - India
  • Fearnleys - India
  • Uttam Galva Steels Limited - India
  • Shree Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • Argus Media - Singapore
  • UOB Asia (HK) Ltd
  • Thiess Contractors Indonesia
  • Ince & co LLP
  • Indian Energy Exchange, India
  • Thermax Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • IMC Shipping - Singapore
  • ACC Limited - India
  • Coal and Oil Company - UAE
  • Timah Investasi Mineral - Indoneisa
  • Minerals Council of Australia
  • CoalTek, United States
  • ICICI Bank Limited - India
  • Oldendorff Carriers - Singapore
  • Freeport Indonesia
  • South Luzon Thermal Energy Corporation
  • Deloitte Consulting - India
  • Trasteel International SA, Italy
  • Marubeni Corporation - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Essar Steel Hazira Ltd - India
  • Goldman Sachs - Singapore
  • Gresik Semen - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Power Finance Corporation Ltd., India
  • Bharathi Cement Corporation - India
  • IEA Clean Coal Centre - UK
  • Asian Development Bank
  • Kobexindo Tractors - Indoneisa
  • Indorama - Singapore
  • Energy Development Corp, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Sindya Power Generating Company Private Ltd
  • Xindia Steels Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Cebu Energy, Philippines
  • Petron Corporation, Philippines
  • Commonwealth Bank - Australia
  • PTC India Limited - India
  • OCBC - Singapore
  • Panama Canal Authority
  • Dalmia Cement Bharat India
  • Siam City Cement PLC, Thailand
  • Gujarat Sidhee Cement - India
  • Mechel - Russia
  • Kepco SPC Power Corporation, Philippines
  • Sucofindo - Indonesia
  • KEPCO - South Korea
  • Madhucon Powers Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Inspectorate - India
  • SMG Consultants - Indonesia
  • Runge Indonesia
  • Indian Oil Corporation Limited
  • Lanco Infratech Ltd - India
  • Cemex - Philippines
  • Coaltrans Conferences
  • Lafarge - France
  • Ministry of Finance - Indonesia
  • Global Coal Blending Company Limited - Australia
  • SGS (Thailand) Limited
  • Global Green Power PLC Corporation, Philippines
  • World Coal - UK
  • KPCL - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Clarksons - UK
  • Indonesian Coal Mining Association
  • India Bulls Power Limited - India
  • Cardiff University - UK
  • Indogreen Group - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Altura Mining Limited, Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Kaltim Prima Coal - Indonesia
  • Eastern Coal Council - USA
  • TNPL - India
  • HSBC - Hong Kong
  • Wood Mackenzie - Singapore
  • Berau Coal - Indonesia
  • J M Baxi & Co - India
  • Semirara Mining Corp, Philippines
  • Malco - India
  • Chamber of Mines of South Africa
  • Gujarat Electricity Regulatory Commission - India
  • Karaikal Port Pvt Ltd - India
  • Latin American Coal - Colombia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Tata Power - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Noble Europe Ltd - UK
  • Deutsche Bank - India
  • Jorong Barutama Greston.PT - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Britmindo - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Tanito Harum - Indonesia
  • Xstrata Coal
  • TGV SRAAC LIMITED, India
  • Platou - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Edison Trading Spa - Italy
  • Orica Australia Pty. Ltd.
  • The University of Queensland
  • Agrawal Coal Company - India
  • Surastha Cement
  • Port Waratah Coal Services - Australia
  • Wilmar Investment Holdings
  • Cosco
  • Maersk Broker
  • GVK Power & Infra Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Savvy Resources Ltd - HongKong
  • GAC Shipping (India) Pvt Ltd
  • Formosa Plastics Group - Taiwan
  • Tamil Nadu electricity Board
  • WorleyParsons
  • Reliance Power - India
  • Renaissance Capital - South Africa
  • JPMorgan - India
  • SASOL - South Africa
  • Coalindo Energy - Indonesia
  • Sical Logistics Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Intertek Mineral Services - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Economic Council, Georgia
  • Rashtriya Ispat Nigam Limited - India
  • Thailand Anthracite
  • Straits Asia Resources Limited - Singapore
  • Ernst & Young Pvt. Ltd.
  • Ministry of Mines - Canada
  • Metalloyd Limited - United Kingdom
  • Eastern Energy - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Cargill India Pvt Ltd
  • Adaro Indonesia
  • Global Business Power Corporation, Philippines
  • Larsen & Toubro Limited - India
  • Aditya Birla Group - India
  • Total Coal South Africa
  • World Bank
  • The Treasury - Australian Government
  • Therma Luzon, Inc, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Planning Commission, India
  • Mitra SK Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Simpson Spence & Young - Indonesia
  • Inco-Indonesia
  • Australian Coal Association
  • Leighton Contractors Pty Ltd - Australia
  • Samsung - South Korea
  • Attock Cement Pakistan Limited
  • Cement Manufacturers Association - India
  • IOL Indonesia
  • RBS Sempra - UK
  • Siam City Cement - Thailand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Rudhra Energy - India
  • Idemitsu - Japan
  • Arch Coal - USA
  • BNP Paribas - Singapore
  • Sree Jayajothi Cements Limited - India
  • Manunggal Multi Energi - Indonesia
  • Jaiprakash Power Ventures ltd
  • Asmin Koalindo Tuhup - Indonesia
  • TeaM Sual Corporation - Philippines
  • PowerSource Philippines DevCo
  • MS Steel International - UAE
  • KOWEPO - South Korea
  • Thai Mozambique Logistica
  • SN Aboitiz Power Inc, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Baramulti Group, Indonesia
  • Indo Tambangraya Megah - Indonesia
  • TANGEDCO India
  • GMR Energy Limited - India
  • Maheswari Brothers Coal Limited - India
  • GNFC Limited - India
  • Asia Cement - Taiwan
  • Parliament of New Zealand
  • EIA - United States
  • LBH Netherlands Bv - Netherlands
  • CNBM International Corporation - China
  • CIMB Investment Bank - Malaysia
  • Samtan Co., Ltd - South Korea
  • Orica Mining Services - Indonesia
  • Pinang Coal Indonesia
  • Sarangani Energy Corporation, Philippines
  • Mercuria Energy - Indonesia
  • GB Group - China
  • Videocon Industries ltd - India
  • Adani Power Ltd - India
  • Antam Resourcindo - Indonesia
  • Qatrana Cement - Jordan
  • Indonesia Power. PT
  • Independent Power Producers Association of India
  • NTPC Limited - India
  • Tata Chemicals Ltd - India
  • Energy Link Ltd, New Zealand
  • Salva Resources Pvt Ltd - India
  • Barclays Capital - USA
  • ETA - Dubai
  • Mitsui
  • AsiaOL BioFuels Corp., Philippines
  • UBS Singapore
  • Malabar Cements Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • PNOC Exploration Corporation - Philippines
  • Makarim & Taira - Indonesia
  • CESC Limited - India
  • Bhoruka Overseas - Indonesia
  • PetroVietnam
  • Shenhua Group - China
  • The India Cements Ltd
  • KPMG - USA
  • Heidelberg Cement - Germany
  • Maharashtra Electricity Regulatory Commission - India
  • Indika Energy - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Sojitz Corporation - Japan
  • Semirara Mining and Power Corporation, Philippines
  • Chettinad Cement Corporation Ltd - India
  • Maruti Cements - India
  • Sakthi Sugars Limited - India
  • NALCO India
  • Arutmin Indonesia
  • Petrosea - Indonesia
  • The State Trading Corporation of India Ltd
  • Singapore Mercantile Exchange
  • Sinarmas Energy and Mining - Indonesia
  • Mercator Lines Limited - India
  • VISA Power Limited - India
  • TRAFIGURA, South Korea
  • Coal India Limited
  • Coeclerici Indonesia
  • Credit Suisse - India
  • Jatenergy - Australia
  • Vedanta Resources Plc - India
  • DBS Bank - Singapore
  • JPower - Japan
  • Platts
  • Iligan Light & Power Inc, Philippines
  • Moodys - Singapore
  • Kobe Steel Ltd - Japan
  • Merrill Lynch Commodities Europe
  • Central Electricity Authority - India
  • Parry Sugars Refinery, India
  • Core Mineral Indonesia
  • Romanian Commodities Exchange
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coal Orbis AG
  • London Commodity Brokers - England
  • Bayan Resources Tbk. - Indonesia
  • Rio Tinto Coal - Australia
  • Posco Energy - South Korea
  • Toyota Tsusho Corporation, Japan
  • Permata Bank - Indonesia
  • Mintek Dendrill Indonesia
  • ANZ Bank - Australia
  • Riau Bara Harum - Indonesia
  • Bank of China, Malaysia
  • MEC Coal - Indonesia
  • SUEK AG - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Gupta Coal India Ltd
  • Glencore India Pvt. Ltd
  • Neyveli Lignite Corporation Ltd, - India
  • Anglo American - United Kingdom
  • Kohat Cement Company Ltd. - Pakistan
  • Bangladesh Power Developement Board
  • Ind-Barath Power Infra Limited - India
  • Standard Chartered Bank - UAE
  • Bhatia International Limited - India
  • PLN Batubara - Indonesia
  • BRS Brokers - Singapore
  • SMC Global Power, Philippines
  • Infraline Energy - India
  • globalCOAL - UK
  • Coastal Gujarat Power Limited - India
  • San Jose City I Power Corp, Philippines
  • Bulk Trading Sa - Switzerland
  • Banpu Public Company Limited - Thailand
  • Vitol - Bahrain
  • Karbindo Abesyapradhi - Indoneisa
  • Price Waterhouse Coopers - Russia
  • Barasentosa Lestari - Indonesia
  • Meralco Power Generation, Philippines
  • Indian School of Mines
  • Thomson Reuters GRC
  • Borneo Indobara - Indonesia
  • Central Java Power - Indonesia
  • Interocean Group of Companies - India
  • Vizag Seaport Private Limited - India
  • Mjunction Services Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Geoservices-GeoAssay Lab
  • Bhushan Steel Limited - India
  • bp singapore
  • Mitsubishi Corporation
  • CCIC - Indonesia
  • Australian Commodity Traders Exchange
  • OPG Power Generation Pvt Ltd - India
  • Thriveni
  • EMO - The Netherlands
  • ING Bank NV - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Africa Commodities Group - South Africa
  • Electricity Generating Authority of Thailand
  • SRK Consulting
  • Bank of America
  • Enel Italy
  • Grasim Industreis Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Peabody Energy - USA
  • Humpuss - Indonesia
  • Ambuja Cements Ltd - India
  • Star Paper Mills Limited - India
  • U S Energy Resources
  • Japan Coal Energy Center
  • PLN - Indonesia
  • New Zealand Coal & Carbon
  • McKinsey & Co - India
  • McConnell Dowell - Australia
  • Carbofer General Trading SA - India
  • Jindal Steel & Power Ltd - India
  • Electricity Authority, New Zealand