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Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
 Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has signed a Rs 4,000-crore (US$ 825,251,988) agreement with Larsen & Toubro Ltd, the engineering and construction major, for supply of equipment for its Nigrie Super Thermal Power Project in Madhya Pradesh.
Under the agreement, L&T will supply two units of 660 Mw each for the power plant.
While the order for boilers for the plant has been given to L&T-MHI Boilers Pvt Ltd (LMBPL), the order for turbine and generators has been given to L&T which will source the equipment from L&T-MHI Turbine Generators Pvt Ltd (LMTGPL). Both LMBPL and LMTGPL are joint ventures between L&T and Mitsubishi Heavy Industries of Japan.
“We will be investing Rs 8,000 crore (US$ 1,649,600,258) in this power project. The financial closure has already been achieved, with ICICI Bank as the lead financial institution,” said Manoj Gaur, Executive Chairman, Jaiprakash Associates Ltd.
Coal for the plant will be sourced from two captive coal blocks – Amelia (North) and Dongri Tal II – owned by a joint venture of Jaypee Group with the Madhya Pradesh State Mining Corporation Ltd (MPSMCL). The first 660 Mw unit of the power project is expected to be commissioned in April 2013 and the other unit would be commissioned in September same year. The power plant, when operational, will generate over 10 billion units of power annually.
The Jaypee Group has a current operational power generation capacity of over 900 Mw and plans to add another 2,000 Mw capacity by the end of the current Plan period ended March 2012.
“We want to take our total capacity to over 13,470 Mw, with a 60:40 mix of thermal and hydro in less than seven years from now,” Gaur said.
This is the second order bagged by L&T in the supercritical segment in India after it won the order for supplying a 1,600 Mw turbine generator from the Andhra Pradesh Power Development Corporation earlier.
The company plans to set up around 4,000 Mw of domestic power equipment manufacturing capacity by 2010. (US$ 1= 48.49 INR)
Source: IBEF
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Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Manunggal Multi Energi - Indonesia
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- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
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- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
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- Bayan Resources Tbk. - Indonesia
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- Altura Mining Limited, Indonesia
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- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- Wood Mackenzie - Singapore
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- India Bulls Power Limited - India
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- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
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- Australian Coal Association
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- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
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