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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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Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
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- Australian Coal Association
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
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