We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 10,000 crore (US$ 2,173,913,043) in West Bengal through a joint venture with group company JSW Bengal Steel.
The company’s board today approved the floating of an overseas subsidiary for the investment abroad. The company also announced a profit after tax of Rs 205 crore (US$ 44,565,217) for the quarter ended December 31, about 73 per cent more than the Rs 118.5 crore (US$ 25,760,869) net profit posted in the corresponding period last year. Total income for the period was Rs 712.4 crore (US$ 154,869,565), about the same as the corresponding period revenues of Rs 711 crore (US$ 154,565,217) last year.
The better performance was mainly on account of enhanced generation from capacity additions, sales and less fuel costs.
JSW Energy, which debuted on the stock exchanges in the first week of January, had earlier contracted coal from Indonesia to fuel its power projects.
The company will form a special purpose vehicle (SPV) with group company JSW Bengal Steel to set up a 1,600-Mw (2x800 Mw) power plant at Ichhapur in West Bengal.
JSW Energy will hold 74 per cent in the SPV and JSW Bengal Steel the balance 26 per cent. The SPV will develop the power project and captive coal mines in Ichhapur at an estimated cost of Rs 7,680 crore (US$ 1,669,565,217) and Rs 2,000 crore (US$ 434,782,608), respectively. The project is proposed to be financed with a debt equity ratio of 3:1. The steel producer will buy 51 per cent of the power produced from this unit and the rest will be up for sale, said the release.
Share prices of the company fell 2.33 per cent on the Bombay Stock Exchange today, to close at Rs 112.95 (US$ 2.45543) per share. (1 USD = 46.0000 INR)
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
|
|
|
Showing 6066 to 6070 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- White Energy Company Limited
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
|
| |
| |
|