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Wednesday, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 million coal power plant in the former war zone, its Power and Energy Ministry said on Wednesday.
The coal power plant, the largest with a capacity of 1,000 MW, will be located in the eastern port city of Trincomalee, a former rebel stronghold until the military captured it in mid 2007 in the final phase of a 25-year war that ended on May 18.
"We are going to sign the commercial and power-purchasing agreements next week with India's National Thermal Power Corporation," John Seneviratne, Minister of Power and Energy told Reuters.
The project will be carried out in two phases and the first is expected to be completed by 2012, the ministry said in a statement. "Initially both parties will invest $75 million each and later $350 million will be invested by both parties."
Seneviratne did not comment on the terms and conditions of the funding arrangement.
China has also offered an $891 million loan for a 900 MW coal power plant on a 20-year, 2 percent interest rate bearing loan to build the second and third phases of the 900 megawatt coal-fired Norochcholai power plant.
The $40 billion economy with 20 million people depends mainly on hydro and thermal power with around 25 power plants.
The island nation's private sector has repeatedly complained about high price and shortage of energy, for which the government has blamed seasonal droughts and expensive global oil prices.
Much of Sri Lanka's infrastructure, from roads to hospitals, has been neglected by successive governments focused on the two-decade civil war that has killed more than 80,000 people.
Source: Reuters
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Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
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- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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