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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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Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
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- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Australian Coal Association
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
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- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
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