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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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Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply
EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the prev ...
Wednesday, 09 March 16
RI MAY HAVE TO IMPORT COAL FOR FUTURE POWER PLANTS: STUDY - THE JAKARTA POST
With coal prices continuing to decline, Indonesia will struggle to provide the coal needed to fire up its power stations in the near future, a stud ...
Tuesday, 08 March 16
INDONESIA HIKES COAL BENCHMARK PRICE FOR THE FIRST TIME IN 12 MONTHS
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016, but up slightly in Mar ...
Tuesday, 08 March 16
THE DRY CARGO MARKET ENDURED ONE OF ITS MOST DIFFICULT YEARS IN 2015, EXPERIENCING LOWS NOT SEEN SINCE THE MID 1980S - CLARKSONS
Whilst shipping and offshore markets have seen some good opportunities during 2015, overall there have been unprecedented challenges, so we are ver ...
Monday, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
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- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
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