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Wednesday, 31 December 14
COASTAL ENERGEN (C&O) COMMENCES 1ST UNIT OF 1200 MW POWER PLANT IN INDIA
 COALspot.com: Coastal Energen, part of the Coal & Oil Group, announced last week the commissioning and commencement of power production at the first unit of 600 mw of 2 x 600 mw Mutiara Thermal Power Plant in Tuticorin. Coastal Energen is Tamil Nadu’s largest private power sector investment with a capital outlay of over Rs 7,600 crore (approximately US$ 1,202,320,000).
In December 2009, the foundation stone was laid for Mutiara thermal power project in Tuticorin district and now, the project has started power supply to TANGEDCO - a power generation and distribution arm of Tamil Nadu government - at Rs 4.91 (approximately US$ 0.08) per MW from this project, under a 15 year power purchase agreement.
According to company’s press conference, till now, it has invested Rs 6,200 crore (approximately US$ 980,840,000) for the project.
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Coastal Energen will be importing coal for this unit from Indonesia. The company is planning to expand the power generation to 5,000 MW in the next 10 years and It is also in talks with sovereign, wealth and PE funds to fund the future expansion, the company said during press conference last week.
“It gives me great pleasure to see that our efforts will now start benefiting the people of our state. Power is a critical component for realising Tamil Nadu’s Vision 2023 plan for emerging among the foremost states of India. We are glad that we can play a role in this vision by supplying power to the people of Tamil Nadu for supporting their growth potential,” Ahmed Buhari, founder, president & CEO, Coastal Energen told reporters here, as quoted by My Digital.
“Our second unit of 600 mw is expected to be commissioned in the coming few months and will improve power availability in the state. We are also actively engaged in contributing to the development of the Madurai – Tuticorin industrial corridor, which will also enable this region to progress in line with India’s ambitious growth plans,” Buhari added.
According to media reports, the project is coming at a time when the power crisis is expected to increase in southern parts of the country, led by Tamil Nadu. The deficit is around 9,254 Mw or -22 per cent in the southern region.
Image: File Photo | 1 INR = 0.0158154 USD
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Tuesday, 30 December 14
U.S WEEKLY COAL PRODUCTION ALMOST FLAT AT -0.2%
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.8 million short tons (mmst) of coal ...
Monday, 29 December 14
CHINESE COAL IMPORTS: REGULATORY RISKS? - CLARKSONS
In recent years, Chinese seaborne coal imports have surged, registering average growth of 67% p.a. between 2009 and 2013 to total 265mt. However, t ...
Monday, 29 December 14
BULK MARKET ENDS YEAR ON SOUR NOTE, SHIPBROKER SEES 'BUMPY ROAD AHEAD' - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2014 was supposed to be the year that the dry bulk market would stage a comeback and a sustainable one for that matter. However, while for the most ...
Monday, 29 December 14
Q1'15 CFR SOUTH CHINA COAL SWAP CLOSED AT $59.42
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.51 (-5.58%) month over month and US$ 0.08 (-0.13%) ...
Monday, 29 December 14
SGX'S FOB NEWCASTLE COAL SWAPS IMPROVED W-O-W, LOST M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.44 per MT (-2.73%) month over month and gained US$ 0.36 (+0.71%) ...
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- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
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