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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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Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
Wednesday, 24 February 16
HOW IS THE FUEL MIX FOR U.S. ELECTRICITY GENERATION CHANGING? - EIA
In recent years, there have been changes in the mix of fuels used to generate electricity in the United States. Natural gas and renewable energy so ...
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- Economic Council, Georgia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- The University of Queensland
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Planning Commission, India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
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