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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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Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
Monday, 04 April 16
INDONESIA CS57 COAL INDEX SLIDES SLIGHTLY WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 0.07 percent week over week to averaging $38.88 per ton on this past Friday, ac ...
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- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- ASAPP Information Group - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
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