We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 its planned in Indonesia from $1 billion to $5.2 billion to develop an integrated energy project in Kalimantan.
“This type of public-private, Middle Eastern-Indonesian initiative is a fantastic example of what can be accomplished when the fundamentals make sense for all parties involved,” said Sheikh Saud Bin Saqr Al Qasimi, the crown prince of Ras Al Khaimah, after a meeting with President Susilo Bambang Yudhoyono in Dubai on Sunday.
The project would help meet the development needs of East Kalimantan communities, while serving to meet the energy challenges in Asia, particularly India and China, Al Qasimi said.
The latest agreement is an expansion of a deal signed in February. At that time, representatives of East Kalimantan province and its East Kutai district met with the Ras Al Khaimah Investment Authority and its subsidiary, RAK Minerals and Metals Investments. The two companies agreed to invest in a 139-kilometer coal railway project in the province worth $1 billion.
However, now the emirate will also commit to building a coal terminal, aluminium smelter and a power plant, worth a total of $4.2 billion.
Madhu Koneru, the chief executive of MEC Holdings, the company which will oversee development of the East Kalimantan project, said the total investment could create as many as 5,000 new jobs in the area within five years.
Gita Wirjawan, the chairman of Indonesia’s Investment Coordinating Board (BKPM), said MEC Infra, a subsidiary of MEC Holdings, will invest $1 billion in the railway project.
“Despite certain perceptions about Indonesia, MEC Infra was able to purchase and clear the land for the entire corridor within a few months,” Gita said.
According to a written statement from MEC, the company will also invest $250 million to build the coal terminal.
It will also invest $2 billion in cooperation with NALCO, Asia’s largest integrated aluminum producer, to build a smelter with an estimated production capacity of 500,000 tons annually. An additional $2 billion will be invested by MEC Coal to build a 1,250 megawatt power plant for the smelter.
Ras Al Khaimah produces less oil than Dubai and its oil-rich neighbor Abu Dhabi, and has instead focused on developing its industrial sector.
It opened its first cement company in 1970s and is now the UAE’s largest producer of cement. In the 1980s, the emirate established RAK Ceramics, now one of the world’s biggest ceramics producers.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
|
|
|
Showing 6296 to 6300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Australian Coal Association
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
|
| |
| |
|
