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Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
.jpg) Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4,000 MW Mundra project in Gujarat during the current XIth Five Year Plan (2007-12).
The company would commission two 800 MW units of its Mundra ultra mega power project by February 2012.
"There is over 30 per cent progress in the project and we would commission the first unit in September 2011 and subsequently other units will follow at an interval of five months each....The second unit would be commissioned by February 2012," Tata Power Executive Director S Ramakrishnan told reporters here.
The 4,000 MW Mundra project would be fully commissioned by December 2013. "Mundra would be the first UMPP to go on stream," Ramakrishnan said.
The power generated from the project would be evacuated by the central transmission utility PowerGrid to the beneficiary states including Gujarat, Maharashtra, Punjab and Rajasthan.
The company is importing 12 million tonnes of coal from the Indonesian coal blocks in which it has ownership to the tune of 30 per cent. Nearly, half of the dry fuel requirement of the project will be procured from these mines. Tata Power is also looking at procuring coal from other sources.
Tata Power bagged the Mundra project in 2007 through the international competitive bidding process.
The project entails an investment of Rs 17,000 crore and is being funded through a debt and equity ratio of 75:25. "The entire equity is ours (Tata Power's) and the debt component comes from both foreign exchange loans and domestic loans," he added.
Nearly, $1.8 billion (approx Rs 5,400 cr) foreign exchange loan is being provided by Korean Exim, Korean Insurance, Asian Development Bank etc. The domestic loan of $1.2 billion (approx Rs 5,100 cr) would be raised through a consortium of banks led by SBI.
Source:Business-Standard
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Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
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- India Bulls Power Limited - India
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- Planning Commission, India
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- Toyota Tsusho Corporation, Japan
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- Australian Coal Association
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- Therma Luzon, Inc, Philippines
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- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
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- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
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- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
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- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
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- TNB Fuel Sdn Bhd - Malaysia
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- Georgia Ports Authority, United States
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- Central Java Power - Indonesia
- The Treasury - Australian Government
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- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
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- Jindal Steel & Power Ltd - India
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- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
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- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
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- Formosa Plastics Group - Taiwan
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- Sarangani Energy Corporation, Philippines
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- Orica Australia Pty. Ltd.
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- Electricity Generating Authority of Thailand
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- Tata Chemicals Ltd - India
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- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
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- Agrawal Coal Company - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
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- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
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- White Energy Company Limited
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
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- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
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- The State Trading Corporation of India Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
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- Barasentosa Lestari - Indonesia
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- Romanian Commodities Exchange
- Sical Logistics Limited - India
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