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Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
.jpg) Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet demand for their upcoming projects.
"We are looking at mines in Australia, Mozambique and some smaller ones in Indonesia, that could give us 2-3 million tonnes of coal," a company official said.
Tata Power already has 30 per cent ownership in a block in Indonesia and the company is able to meet 50 per cent of its coal requirement from this property. It is also looking at other sources.
When it comes to domestic power projects, the company has said that it would bid only for the projects, which have coal linkages, as it does not have the appetite to import the dry fuel in the near future.
The company is executing the 4,000 Mw Mundra ultra mega power project in Gujarat and will be importing 12 million tonnes of coal initially from the Indonesian blocks, the company officials said, adding that nearly half of the dry fuel requirement of the UMPP project will be procured from these mines.
Tata Power has an installed capacity of 2,768 Mw and has set a target of becoming a 12,000 Mw company by 2014. This 12,000 Mw capacity includes the company's projects which are at various stages of implementation and also Mundra UMPP.
The company is also developing a 1,600 Mw imported coal-based project at Dherand in Maharashtra for which the state government would acquire the land.
It, along with Damodar Valley Corporation (DVC), is executing a 1,050 Mw thermal power project in Jharkhand. Tata Power holds 74 per cent equity in the project and 26 per cent is held by DVC.
It has also been alloted 500 million tonne capacity tubed coal mine in Jharkhand for developing a 500 Mw power plant. The project is a joint venture between Tata Power (60 per cent) and Hindalco (40 per cent).
The company is also implementing two 120 Mw power projects in Jamshedpur for providing electricity to Tata Steel's manufacturing plant.
Source: Business Standard
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Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
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- Ministry of Transport, Egypt
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- Bahari Cakrawala Sebuku - Indonesia
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- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
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- McConnell Dowell - Australia
- The University of Queensland
- Eastern Coal Council - USA
- Deloitte Consulting - India
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- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
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- Rashtriya Ispat Nigam Limited - India
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- The Treasury - Australian Government
- Bhushan Steel Limited - India
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- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- PowerSource Philippines DevCo
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- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
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- Economic Council, Georgia
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- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Global Business Power Corporation, Philippines
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