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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring coal mines in South Africa and Australia, to secure coal supplies for its forthcoming power projects. The company is in the final stages of completing due diligence for a 50-million tonne coal linkage in Indonesia, according to a person close to the development.
JSW Energy has already identified a coal mine in South Africa and is in talks with Australian miners to tie-up fuel linkages for its proposed power plants and for JSW Steel. If the deals are finalised, JSW Energy would get additional coal linkage of 250 mt. Currently, JSW Energy has access to limited coal reserves in India and is largely dependant on imports. Besides making full-fledged acquisitions, JSW Energy is also in talks with the South African government for jointly developing coal mines.
When contacted, joint MD SS Rao said: “We are open to all available overseas options.” He declined to divulge further details as the company has filed a regulatory draft with the Sebi for its forthcoming IPO that aims to raise around Rs 3,000 crore. It has targeted to commission 3,140 mw by the end of 2010. “We may enter the capital market by the end of October , depending on the regulatory approval,” Mr Rao added.
JSW Energy will deploy the proceeds from IPO for developing identified generation and transmission projects, mining ventures and to service debt. It currently generates 560 mw of power from a plant in Karnataka and has 3,090 mw of generating capacity at various stages of implementation. The company has also entered into long-term power purchase agreements with the governments of Rajasthan and Maharashtra.
JSW Energy has plans to import 13 mt of coal for its upcoming power plants at Ratnagiri and Vijaynagar, Karnataka. The company has also secured coal supplies from a block in Orissa where it has a JV with Mahanadi Coalfields, where it would be able to procure around 90 mt in the long term.
Source: The Economic Times
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Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's p ...
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- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Planning Commission, India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- The University of Queensland
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
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