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Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
 Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying power to the grid from midday on July 31.
Guacolda, owned by AES Gener (50%), Empresas COPEC (25%) and Ultramar (25%) said the unit supplied electricity at its maximum capacity of 152 MW to Chile’s Central Interconnected System which provides power to around 93% of the population.
It is the first of two 152-MW units the company is building at the generation plant, located near the port of Huasco, 700 km north of Santiago which will double installed capacity at the site to 608 MW from early 2010, at an estimated cost of $700 million.
The company said around $100 million of this will be spent on cleaning up emissions from the new and existing generation units.
Guacolda noted that the new unit represents the first project to be realized on SIC after the approval of Chile’s Second Short Law in 2005 which sought increase incentives for investment in generation following the loss of natural gas supplies from neighboring Argentina.
It is also the first of a huge wave of new coal-fired capacity on both the central and northern grids that will supply much of Chile’s additional electricity needs over the next decade.
Guacolda shareholders COPEC and Ultramar are planning to develop sub-bituminous coal deposits in the far-south of the country to meet part of this huge increase in demand for coal, almost all of which would have to be imported.
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Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
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- ASAPP Information Group - India
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- Romanian Commodities Exchange
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- Chamber of Mines of South Africa
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- IEA Clean Coal Centre - UK
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- Gujarat Electricity Regulatory Commission - India
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- Wood Mackenzie - Singapore
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- Africa Commodities Group - South Africa
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- MS Steel International - UAE
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- Edison Trading Spa - Italy
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- Siam City Cement - Thailand
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- Salva Resources Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
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- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
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- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
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- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Minerals Council of Australia
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- White Energy Company Limited
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- CNBM International Corporation - China
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- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
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- PetroVietnam Power Coal Import and Supply Company
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- The Treasury - Australian Government
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- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
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