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Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
 Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes through a joint venture.
"We will form two more joint ventures to set up cement plants at Rourkela and Burnpur. The Rourkela plant will have a capacity of 2 mt, while the Burnpur unit will have a capacity of 1 mt. The joint venture partners will be decided through a bidding process," Chairman S K Roongta told Business Standard.
New capacity creation for a million tonnes of cement usually requires an investment of Rs 350-400 crore (US$ 72,947,076 - 83,368,087), according to estimates by cement industry sources. Setting up of these two units with a total capacity of 3 million tonnes could require an investment of Rs 1,100-1,200 crore (US$ 229,262,240 - 250,104,262).
SAIL is already developing two cement plants at Bhilai and Bokaro through a joint venture with Jaiprakash Associates, which is a major cement player. The Bhilai plant, with a capacity of 2.2 mt, would be operational by mid - 2010. The Bokaro plant, with a capacity of 2 mt, is expected to begin cement production by July 2011.
In both of these joint ventures, SAIL has a 26 per cent stake. The proposed new joint ventures are also expected to have a similar holding structure.
Through concurrent expansions at its five integrated steel plants at Bokaro (Jharkhand), Bhilai (Chhattisgarh), Rourkela (Orissa), Durgapur and Iisco Steel Plant (both West Bengal), SAIL has targeted to step up its total steel production capacity from 14 mt to 23 mt by 2012.
This capacity expansion will result in a significant increase in the volume of slag, which is a byproduct. The slag-based cement plants will enable SAIL to find long-term solutions for the disposal of the byproduct generated at these plants.
The domestic cement industry has a capacity of about 226 mt. It is expected to add another 35-40 mt by the end of the year as most players are augmenting capacities. Cement consumption has been growing at double-digit rates month-on-month, mainly driven by the demand from rural and semi-urban areas. In August, for instance, the industry clocked a despatch growth rate of 17 per cent.
Source: Business Rediff
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Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...
Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...
Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...
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 ...
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- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- White Energy Company Limited
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
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