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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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Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...
Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...
Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...
Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that, New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...
Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
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- Gujarat Mineral Development Corp Ltd - India
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- Commonwealth Bank - Australia
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- Intertek Mineral Services - Indonesia
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- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
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- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
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- Singapore Mercantile Exchange
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- PowerSource Philippines DevCo
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- MS Steel International - UAE
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- Petron Corporation, Philippines
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- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
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- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
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- CNBM International Corporation - China
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- GN Power Mariveles Coal Plant, Philippines
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- Timah Investasi Mineral - Indoneisa
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- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
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