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Friday, 08 April 16
COASTAL ENERGEN CROSSES GENERATION OF 1068 MW AND EXPORT OF 1004 MW FROM ITS 1200 MW IPP
COALspot.com: Coal & Oil (C&O) Group, an India centric Energy & Infrastructure company announced that their Coastal Energen's 2x600mw Mutiara Thermal Power Plant attained ~ 90% PLF by generating 1068 MW and exporting 1004 MW during this week consistently.
'Mutiara' went live on 23rd December 2014 with its 1st Unit of 600mw and 2nd Unit in January 2016.
Both units generated over 3.55 Billion Units addressing the pressing power needs of Tamilnadu. Mutiara has consumed over 2.28 Million tons of coal mostly sourced from Indonesia, financed and supplied by large Japanese and Indian trading houses.
The annual consumption of coal is likely to touch 5 MT per annum.
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The Power generated from both units is predominantly sold to Tangedco under a long term Power Purchase agreement for 15 years.
According to Coal & Oil, Coastal Energen is among Tamil Nadu's largest private Sector Power investment with a capital outlay of over $ 1.3 Bn with SBI as the lead bank. The Plant is located at Melamarudur Village in Tuticorin district. With close proximity to V.O.Chidambaranar Port, formerly Tuticorin Port, having excellent road, rail and air connectivity, the plant is strategically positioned for further expansion to meet the South India's growing power needs.
Speaking on the occasion Mr. Ahmed Buhari, Founder President & CEO, Coastal Energen stated: "It gives me great pleasure that our efforts are now paying off in benefitting the people of our State. Power is a critical component in enabling Tamil Nadu's Vision of emerging among the foremost states of India. We are glad that we can play a part in this Vision by supplying power to the people of Tamil Nadu to achieve their growth potential.
Mr. Buhari further added: "We are meticulously working on stabilizing the operations of both units and aiming PLF of above 90% throughout the year. We are also actively working on developing the Madurai - Tuticorin Industrial corridor, which will also enable this region to progress in line with India's ambitious growth plans" he said.
About Coal & Oil Group:
Coal and Oil Group (C&O) is an Integrated Energy and Infrastructure Company actively involved in Coal Supplies - Shipping - Logistics and Power Generation. It is also actively developingIndustrial Parks along the 120 km Madurai - Tuticorin Industrial corridor (MTIC), in line with Hon. PM Modi's 'Make in India' theme.
The Company was founded by Mr. Ahmed Buhari. With demand for coal surging for power companies in India, C&O currently offers Long Term Fuel Supply Agreement in conjunction with some of the world's largest Energy companies.
Today the organization has several offices spread across India and the globe with a turnover of about $.1.75 Bn.
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Friday, 15 April 16
U.S WEEKLY COAL OUTPUT FALLS ACROSS ALL BASINS - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.2 million short tons (mm ...
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
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- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Planning Commission, India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- MS Steel International - UAE
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
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