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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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Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
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- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
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- Malabar Cements Ltd - India
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- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
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- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
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- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
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- White Energy Company Limited
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- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
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- Economic Council, Georgia
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- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
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- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
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- Electricity Authority, New Zealand
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- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Merrill Lynch Commodities Europe
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- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Central Electricity Authority - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
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- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
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- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
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- International Coal Ventures Pvt Ltd - India
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- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
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- Kobexindo Tractors - Indoneisa
- Australian Coal Association
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
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- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
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- Wilmar Investment Holdings
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