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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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Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...
Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- White Energy Company Limited
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- The University of Queensland
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
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