Jamnagar - Essar Power Ltd to import Coal from Indonesia

Essar Power Ltd is planning to fuel its Jamnagar Plant by Coal from Indonesia, Ruia brothers are planning to spend up to $500 million to acquire a coal mine in Indonesia.

Essar Power is thinking of an alternative fot making a long-term supply contract for 6 million tonnes (mt) a year of coal for its 1,200MW power plant at Jamnagar.

This adds Essar to a list of Indian Power co. who have recently struck similar deals like Tata Power Co. Ltd, Star Emmsons Resource, Reliance Energy Ltd and PTC India.

Essar's Jamnagar plant will cost around Rs 4,800 crore. Essar will supply 1,000 MW to the Gujarat State on a long-term basis at Rs 2.40 per unit.

Essar can sell the remainder to a customer of its choice at a price of its choosing. The project will compose of two units of 600 MW each and project is likely to be commissioned by 2012.

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Brip

Jamnagar Essar Power Project- 10% stake sold

Private equity firm General Atlantic is almost close to buying 10% stake
in Essar Power (EPL) for around $600 million, cashing in on the
increasing power demand, EPL is planning to increase power generation
capacity to 6,500 mw by 2012.

This includes a much hyped 1,200 mw coal-fired project at Jamnagar.

Jamnagar Essar in news Again

Esssar Oil Ltd, Jamnagar Unit is back in news again,

On Friday near the essar refinery main gate, some residence of Zakhar village (who then were on some protest) had broke out fight with security guards of Essar Refinery, Some local leaders were hurt lightly, Police is engaged into more investigation.

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Brip

Jamnagar - Global Refininig Hub

Reliance Industries Ltd and Essar Oil Ltd, India's largest private
sector oil refiners, are set to create the world's biggest petroleum
refining hub as part of plans to expand their plants in Jamnagar,
western India.

With new 6 bn $ Expansion, this hub will be largest hub of Refining in
the world.

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Brip

Jamnagar SEZ - Gold Rush

Gujarat alone investments of US$18 bn in 2006-07 which is 25% of India's total investment in 06-07.

The Gulf of Kutch has become "Gulf of Riches", big names like Reliance , Essar Group, Adani Group (Mudra Port SEZ) and Tata Group (Mithapur Chemilcals), have invested about $30 bn along the Gulf of Kutch's 700-kilometer long coastline, note that 300-400 KM are in Jamnagar District.

In Total Ten special economic zones (SEZs) are near Jamnagar, totaly new 4000-megawatt power project and five private shipyards are coming up. And massive expansion is being undertaken of the Mundra and Kandla ports. not to mention current expansion from Reliance Refinery.

Gujarat's Mundra port is main port from where Indian Oil Corporation (IOC) and Hindustan Petroleum (HP) are setting up giant oil storage areas or Tank Farms, Currently 60% of India's coal imports enter via Mundra port.

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Brip

Jamnagar - new 10.5 MT Essar refinery

OK, one more refinery is heading for Jamnagar,

 

Most Live able city of Gujarat will be crowned with one more refinery.

 

The marketcap will come to around Rs 16,000 crore for a 10.5 million tonne refinery. Note that Essar is already setting up a 1200 MW power plant in Jamnagar

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Brip

Jamnagar - New Essar Power Plant

Essar Group is planning to set up a 1,200 megawatt power plant at Jamnagar.

Essar has entered into a 25-year power purchase agreement with the Gujarat government to supplying 1,000 MW of power.

Reliance Industries Ltd would sell power at 40 cents per unit.

Tata Power had quoted the rate of 42 cents per Unit.

Essar has quoted the rate of 46 cents per unit for the power it would sell to the state government.

Flooded Refinery of Reliance Jamnagar

Flooded Refinery of Reliance Jamnagar

2 Ships burnt in Jamnagar

Salaya port in Jamnagar district is in news, Two vessels docked were gutted late on Monday.

The fire, which spread from a diesel tank of one of the vessels was stopped on Tuesday by about 100 fire-fighters.

Salaya port is located at 80 km from Jamnagar, the two ships were 350 tonnes Safina Al Salimi and 1,000 tonnes Ali Baug
both were owned by Salim Karim Sanghar of Salaya town.

First to reach were Eight fire-fighters, including three of Jamnagar Municipal Corporation (JMC), two from Essar, one each from Reliance, Khambhalia nagarpalika and IOC.

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Brip

Fire broke at Essar Refinery

Essar Oil at Khambhalia Police Station in Jamnagar district, by the relative of a person who died in the fire which broke out in the pipeline of Vadinar terminal of the company on Feburary 1.

Ratakumar Mandal whose relative was one among four persons who died in the fire registered the complaint on Saturday, police said.

 
 
The complainant has said that four persons died and 18 were injured when they were working to repair the pipeline which was already leaking. Four labourers were killed and 16 others injured when a fire had broke out in a pipeline of Essar Oil's Vadinar terminal.

However, the fire was quickly doused by fire tenders of the company and the injured contract workers were rushed to hospital for treatment.

The fire has not affected the functioning of the refinery and it continued working normally as the pipeline where the fire broke out was far from the terminal.

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Brip

Fire in Essar oil refinery

Essar Oil is in trouble, a Compalint is filed at Khambhalia Police Station in Jamnagar district.

By the relative of a person who died in the fire which broke out in the pipeline of Vadinar terminal of the company on Feburary 1.

 

Ratakumar Mandal whose relative was one among four persons who died in the fire registered the complaint on Saturday. 
 
Four persons died and 18 were injured when they were working to repair the pipeline which was already leaking.

Four labourers were killed and 16 others injured when a fire had broke out in a pipeline of Essar Oil's Vadinar terminal.

 

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Brip

Jamnagar - Essar begs 1000 MW Plant

Essar Power has finally bagged a power project from the Gujarat government after a long bidding process.

The project estimated at Rs 40 billion, essentially envisages a 1,000 MW imported coal based power project in Jamnagar.

 

Essar Power had quoted Rs 2.40 per unit as the lowest bid for the power project as against China Light & Power Hong Kong, Tata Power, Torrent Power who were also in the race.

Recently, the appellate electricity tribunal set aside the Central Electricity Regulatory Commission`s (CERC) order prohibiting Essar Power from selling electricity to trading companies and entering into pacts with distribution companies directly for its 1,500 MW project in Gujarat.

Essar, which is likely to commission 750 MW capacity by April 2007, had entered into a memorandum of understanding (MoU) with PTC in August 2004, under which it agreed to sell the entire power to the trading company for 25 years. PTC, in turn, was to sell the electricity to state utilities.


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Brip

Essar Starts Production After 6 Yrs

<p>After a delay of close to 6 years, Essar Oil's Jamnagar refinery
has finally begun production.&nbsp; The plant started trial production
with a capacity of 7.5 million tonnes per annum of crude and the
company expects to attain production at full capacity in the next two
quarters, a company statement said.&nbsp; "We are delighted at the
successful commissioning of the refinery at a time when India is
strengthening its presence in global markets and integrating with the
global economy," chairman of Essar Group Shashi Ruia said. </p>
<p>The company, which faced a massive cost overrun due to the delay in
commissioning _ said its project cost of Rs 10,826 crore is extremely
competitive and lower than estimated costs for a green field refinery.
</p> <p>Essar Oil had came out with one of India's biggest initial
public offer of shares in the early nineties and most of its investors
saw their capital eroding. Financial institutions, which had lent
funds to the company, had to take
a huge cut in interest to salvage the project. Both Reliance and
Essar started work at jamnagar at the same time but Reliance started
production on the scheduled date while Essar blamed a cyclone for the
delay in the commissioning of the project. </p> <div>Essar Oil's
refinery is supported by dedicated infrastructure that includes
utilities, terminals, crude intake and product evacuation facilities.
The company plans to sell its products through its 900 retail outlets
and expects to grow its 1,500 outlets by the end of March 2007.
</div> <div>&nbsp;</div> <p>-- <br>Brip </p>

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Brip

Japanese ship detained at Jamnagar

Customs and Excise department personnel at Jamnagar have detained a Japanese ship, which was brought for ship-breaking, after its owners' 'failed' to provide necessary documents, sources at Customs department said on Saturday.

The ship has been detained after the Surat-based Steem Company, which had purchased it for breaking, failed to provide custom clearance certificate, sources said.

sources said that the ship was not allowed entry there duo to lack of documents

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Brip

Jamnagar Leads in Investment Race.

Jamnagar has clearly moved Surat back in terms of industrial investments in the past five years, and Saurashtra district will be leading the growth over its north/souh gujarat counterparts in the coming years.

Jamnagar has attracted investments worth Rs 56,379 crore in the last five years. while Surat (including Hazira) has managed to bag Rs 38,906 crore.

Centre for Monitoring Indian Economy (CMIE) stat shows that the Saurashtra and mainly jamnagar will increase this gap in coming years, Surat do have major names like ONGC, GAIL, Kribhco, NTPC, Reliance, Essar, Shell and Cairn setting up new projects / expansions in Hazira, but the main focus now will be in the small-scale sector like diamond and textiles. Surat SEZ will attarct invetment worth Rs 1,000 crore in the apparel park, Rs 4,000 crore in the gems and Jewellery Park, and Rs 5,000 crore in a multi-product park.

Jamnagar is taking a giant leap from this small figures,  Reliance's second oil refinery and SEZ will alone bring in Rs 40,000 crore from the company, Reliance is keen to bring world largest downstream players such Exxon Mobil, Dow, Lyondell, Innovene, SABIC, JSR, Goodyear, Nippon Zeon, Borealis, Huntsman, Basell, Shinetsu, Formosa, LG, Vinolit, Vestolit, Novachem and BASF for setting up facilities in the SEZ.

Adding Essar's oil refinery adventures in its proposed SEZ  at Jamnagar, which is worth Rs 15,000 crore, and you would reach a staggering figure which could well cross the Rs 1,00,000 crore, this is the total investment in Hazira till date.

There will be huge downstream effect for Jamnagar investments and Jamnagar will grow significantly, said one official at Industrial Extension Bureau, Gandhinagar.

They also point out that while the small-scale sector has contributed to the investments in Surat, this has not happened in the case of Jamnagar, which has relied heavily on the biggies.

 

 

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Brip

Moti Khavdi Tension gripped

Moti Khavdi Tension gripped.

A labour was killed when a truck ran over him near New Labour Colony off Kanalus Village, Tension gripped the Moti Khavdi industrial zone in Jamnagar district today morning, when more than 1,000 labours assembled to protest the accidental death of a 25 year old labourer, Lalla Tulsiram Bapat, he was on the rolls of RIL's contractors and his death threatened to lead to some tension in the area but since the State Reserve Police Force (SRPF) platoons were deployed in nearby areas, any violent fallout was averted

The SRPF had been deployed in the industrial zone, following a scuffle in the company premises of  Essar Oil in the month of August, when labourers reacted violently and damaged security office torching two company hired vehicles, due to a similar incident, wherein a labourer was injured stamped by a four-wheeler passing from the same highway.
 
As such accidents have been frequently occurring in the industrial site where Essar and Reliance have their full-fledged operations, especially the Special Economic Zone (SEZ) projects, an additional police chowki facility has been erected here.

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Brip

Jamnagar - Gujarat Flood update

• Essar group had to ask staff at its Vadinar oil Jamnagar refinery to work for two shifts
• The management of Videocon Industries is taking a close look at the situation (Bhaurauch)
• RIL, however, said operations at its Jamnagar plant are normal

Jamnagar in Limca Book of Records

Jamnagar in Limca Book of Records

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Hats Off to Kamlesh Unadkat & Vinay Gera,

Last year it was bike, this time its car

16,000 km in 20 days ,spreading the message of Visit Gujarat, it took them 19 days to cover 16000 KM long border area ( 19 days , 19 hours and 12 minutes to be precise), they sat the goal for 20 Days but finished early.

Jamnagar's Kamlesh Unadkat and Jaipur's Vinay Gera did it again 

prior to this fame, this duo pocketed credit of North-South expedition in 7 days, 8 hours and 30 minutes, that was a complete kashmir to kanya-kumari (Leh To Kanyakumari ) yatra, on a Hero Honda Karizma covering a distance of 4,249 km.

This time it was "Let's Go", a Maruti Alto car from Jamnagar on 27th May, tour ended back in Jamnagar, the motive was to mark the state's 'Tourism Year' by setting a record and bringing attention of world towards Gujarat.

They drove an avarage of 1000 KM a day and 20 hours a day,

Kamlesh, a 32 year old Computer teacher at private school in Jamnagar sayd that 'During our journey, we took the first halt after eight days of constant driving, during which we passed through six states. Our average speed was 110 km per hour'

Gera explained the biggest challenge at the hillly areas, 19,000 feet at Assam, Uttranchal, Himachal Pradesh, and Jammu and Kashmir. he is an IT officer from a bank in Jaipur.

They dis this in order to promote Gujarat Tourism. their car had the banner "Visit Gujarat".

cost came as 1 Lakh (50% was fuel cost), Essar Oil and Bank Of baroda (BOB) contributed 40 % each , rest was bore by this duo.

 

Jamnagar Reliance floating storage update

"clean oil floating storage"

It was reported that Reliance is looking for a long range tanker ( 55 to 75K ton) for clean petroleum storage, this tankers will be required at Jamnagar - Mumbai Coast ( west coast)

Reliance is India's second-biggest refiner, operates a 6.6 MMT oil plant in Jamnagar, on the Indian west coast.

Jamnagar is a streategic cost and ideal for refineries, Essar Oil is also commissioning similiar strength refinery