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Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatching coal next month, chairman Anil Sethi said.
SPML had acquired the PT Bism mine along with power equipment maker Emco last year for about $40 million. SPML holds 55% in the mine and Emco the rest. "The infrastructural activity at the mine was on for a year and we began mining last month," Sethi said. The mine has reserves of over 100 million tonnes. "We plan to export the coal to all across Asia, including India," he said.
The Indonesian government had last month proposed a plan to cap the export of coal at 150 million tonnes a year to meet the demand of local companies. The plan could come into force next year. "After the ban we would supply about 25-30% of the coal to local companies and export the rest," Sethi said. He added that the mine would start booking revenues next fiscal. He did not reveal how much the company expects the mine to contribute to the topline. "The market is volatile right now, so we can make a projection in a couple of months," he added.
SPML has an order-book of Rs 3,800 crore, about 60% of which comes from water contracts, 25% from infrastructure and 15% from power, which includes rural electrification, sub-stations and transmission lines. Their contribution to the topline is in a similar proportion.
"We are not very keen on rural electrification projects because of issues with villagers and panchayats," said Sethi. The share of power contracts in the order-book was 40% last year. SPML is one of the biggest companies in the water space, with projects spread across the country. SPML is also developing 42 mw of hydro power in Himachal Pradesh.
Source: DNA India
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Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
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- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- PTC India Limited - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Anglo American - United Kingdom
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