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Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN


Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract investment worth Rs 1,800 crore. The plant was originally planned to be in Andhra Pradesh.

While company officials refused to comment, government sources confirmed the development. They said the company was planning to set up 3x150-Mw, coal-based, thermal power project, which was first planned for Hankon in Andhra Pradesh.

The land requirement is estimated at 220 acres and is likely to use a blend of imported and Indian coal, in a ratio of 80:20. The imported coal requirement is estimated to be 1.28 million tonnes per annum and will be sourced from Indonesian collieries, added sources. To read more  Business-Standard



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Recent News

Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...


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