Thursday, August 26, 2010

Nalco to invite EoIs for coal, logistics provider for Indonesian project

National Aluminium Co Ltd (Nalco) has decided to invite expressions of interest from coal mine owners as well as logistics service providers for long-term supply of coal and supply chain management for its proposed Indonesian smelter and power projects.

A decision on this was taken by the Nalco board on Tuesday. The formal invitation would be issued later this week by the company's project manager in Jakarta.

The 5-lakh tonne smelter will be fuelled by a 1250-MW coal-fired captive power plant estimated at Rs 14,000 crore.

Mr B.L. Bagra, Director Finance of Nalco, told Business Line that the coal supply agreement would be for 6 million tonnes per annum (mpta) for a period of at least for 20 years.

The EoI would also be linked to the road or rail logistics covering supply chain and port facility in East Kalimantan province where the project would be located. The selection of the coal supplier and logistics supporter would help Nalco to decide on the exact site of the preferably cost-based smelter project.

Nalco would import bauxite from its Indian mines and the smelted products would be meant for re-exports, primarily to India. Even one mpta out of the total 6 mpta of Indonesian coal supply tie-up would be meant for Nalco's Indian operations.

Nalco has entered into an agreement with Rak Minerals & Metals Investments (RMMI), under which RMMI will have 24 per cent stake in Nalco's new aluminium project in Indonesia.

RMMI, which has coal mining rights in Kalimantan and is also building the rail link and the coal handling port facility there, will be eligible for participation in this selection process for supply and logistics support agreement.

There are number of local and international operators in Indonesian coal mining. But a few have the logistics support ready. However, some of them are building logistic infrastructure on their own or in joint venture.

Nalco has decided to locate its smelter in bauxite-deficient Indonesia for its known quality coal resources and long coastline providing easy access to sea logistics.

Contact Us: Project Master KPO Pvt. Ltd., 185, Shri Ram Niwas, Abhinav Nagar Society,  Road No.5, Borivali (E) Mumbai- 400066, Maharashtra., Tel: 022- 65240024/ 25, Email: info@projectmasterkpo.com, Website: http://www.projectmasterkpo.com/


World Trade Center Opens in Bangalore

A non-stop dedicated elevator takes one to the 29th floor of Brigade Gateway's commercial development, claimed to be Bangalore's tallest structure. The helipad at the top of the building, which is 128 metre (430 ft) tall, affords a 360-degree unobstructed view of the city. But what makes this commercial tower different from other office buildings is the licence which it holds. The licence to be branded a World Trade Centre (WTC).

Real estate developer Brigade Group has obtained the licence from the World Trade Centres Association to classify and manage its 1.1-million-sq-ft Brigade North Star, part of the 40-acre mixed-use Brigade Gateway development, as the “World Trade Centre Bangalore”. And it is the value of the WTC brand that the company hopes to leverage in the coming months.

The Bangalore WTC is the second such centre in India, coming after a good 40 years since the first in Mumbai. There can be only one WTC in each economic region.

The WTC would give those having offices in this complex the opportunity to meet, exhibit and network with global businesses and other WTCA members.

“It will provide services such as trade information, global networking with WTC clubs, exhibit facilities, consulting services, administrative support, export/import assistance, teleconferencing facilities, translation/interpretation, trade missions, trade policy research etc,” he said. There are about 317 such centres in 92 countries.

“It will take six months for the World Trade Centre to be operational. We hope to be operational by the first quarter of 2011,
 
Contact Us: Project Master KPO Pvt. Ltd., 185, Shri Ram Niwas, Abhinav Nagar Society, Road No.5, Borivali (E) Mumbai- 400066, Maharashtra., Tel: 022- 65240024/ 25, Email: info@projectmasterkpo.com, Website: http://www.projectmasterkpo.com/

Tuesday, August 24, 2010

Fortune Pharma plans to set up a drug formulations unit at Shendra in Aurangabad district of Maharashtra.

Fortune Pharma plans to set up a drug formulations unit with a capacity of 50 TPD at Shendra in Aurangabad district of Maharashtra with an investment of around Rs. 80 million. As of July 2010, work on project is in planning stage and is expected to commence by last quarter of 2010 and scheduled for completion by last quarter of 2011.

Contacts: B-6 Shendra, MIDC, Distt - Aurangabad - 431210, Maharashtra, Tel: 0240-6610712/ 13/ 15/ 16, 2622011, Fax: 0240-6610714 e-mail: sales@fortunepharma.com, Mr. R G More, Project Manager
Fortune Pharma (P) Ltd, Ist Floor, Tapadia Terraces, Adalat Road, Aurangabad - 431001 Maharashtra, Tel: 0240-2338841, 2361935, Fax: 0240-2335273, e-mail: sales@fortunepharma.com, website: http://www.fortunepharma.com/, Mr. Sudhakar H. Mulay, Chief Pramoter,


Contact Us: Project Master KPO Pvt. Ltd., 185, Shri Ram Niwas, Abhinav Nagar Society, Road No.5, Borivali (E) Mumbai- 400066, Maharashtra., Tel: 022- 65240024/ 25, Email: info@projectmasterkpo.com, Website: http://www.projectmasterkpo.com/

Andrew Telecommunication India is planning to set up a Aluminium coaxial cables manufacturing unit in South Goa district of Goa.

Andrew Telecommunication India is planning to set up a Aluminium Coaxial cables manufacturing unit with a capacity of 9600 KM in South Goa district of Goa. As of July 2010, work on project is in planning stage and is expected to commence work by second quarter of 2010 and commissioned by first quarter of 2011.

Contacts: Andrew Telecommunication India (P) Ltd, Plot No - N2, Phase - 4, Verna Industrial Estate, Verna Salcete, South Goa - 403722 Goa, Mr. Pravin Herlekar, Project Manager, Tel: 0832-6685200

Contact Us: Project Master KPO Pvt. Ltd., 185, Shri Ram Niwas, Abhinav Nagar Society, Road No.5, Borivali (E) Mumbai- 400066, Maharashtra., Tel: 022- 65240024/ 25, Email: info@projectmasterkpo.com, Website: http://www.projectmasterkpo.com/