Coal and Oil Group is a Rs. 2000 crores (US$ 500 million) Integrated Energy Company involved in various aspects of Energy supplies including Coal trading, Mining, Shipping and Logistics. The promoters of Coal & Oil are the co-owners of the Rs 16,000 crore (US $ 4 billion) ETA-Ascon group, Buharia group and are in partnership with the Rs 5,000 crore (US $ 1.5 billion) Abdul Wahid Al Rostamani group of Dubai.
Coastal Energen Pvt Ltd (ENERGEN), the Power Generating Flagship Company of the Coal and Oil Group, is setting up a 1000 – 1100 MW coal fired thermal power plant in the district of Tuticorin in the State of Tamil Nadu , India.
The Government of Tamil Nadu has issued a letter of facilitation dated 10/09/2007 for establishing the project.
- In close proximity to a major town (13 kms) - Within 21 kms of a major port - With excellent road, Rail & Air connectivity - With excellent grid connectivity Approximately 60% of the cost of power comprises of fuel cost. Our group is one of the top suppliers of imported coal to some of the leading private and public power producers in India like Tata, Reliance, Torrent Power, Gujarat Electricity Board, Maharashtra State Electricity Board, Calcutta Electric and others. As such, our group is in a position to effectively manage the cost of fuel and finally the cost of power generated. Our maiden power project in Tuticorin, Tamil Nadu, South India is a logical extension of our multi disciplinary capabilities building on our diverse strengths and leveraging our varied experiences in “Fuel Management” which gives Coastal Energen a distinct advantage as a low cost Power Producer.
We, at the C&O group, are "Integrated Energy Solutions" providers. Our Vision is to be involved from “Mine Mouth to Microwave”. Since the past decade we have been soaked in all aspects of managing the Fuel Supply Chain for a variety of coal consumers. With operations spread across 4 continents, 20 countries and hundreds of supply and delivery points, we have perfected the art of getting Fuel from one point to the other at the lowest effective cost.
With extensive experience ranging from sourcing of coal, shipping to over 30 ports in India, Pakistan and Africa, managing its land transportation and finally delivering it to our clients doorstep, we have mastered the art of getting the most out of coal and ensuring its optimum efficiency. Along the way we learned the technical aspects of managing productivity at our clients plants; boilers for power producers, kilns for cement manufactures to name a few. Our technical team has managed to save millions of dollars for large Power Producers by identifying the right coal, using the most optimum supply chain and help them increase yields phenomenally. It is all in a days work for us. After all, that's what we do best.
In the early 1990's considering the enormous and steadily growing demand for energy in India, Mr. Ahmed Buhari & Family envisioned the creation of an 'Integrated Energy Company' that would engage in all Coal Related Energy activities. This included cross border Trading, Mining, Shipping and Power Generation.
This vision led to the formation of various companies such as Coastal Energy, Coal and Oil Company, Coastal Energen, Fossil Maritime, Fossil Logistics, PT Coal & Oil, etc, all making up the DNA for the C&O group. C&O, a US$ 500 Mn enterprise today, has been keenly pursuing its vision over the past decade in order to get into the various activities in the energy value chain. Having monitored the Indian energy scenario very closely since the early 90's, with extensive experience gained in managing fuel for major power utilities and coupled with the beginning of an Indian economic boom, Mr. Ahmed Buhari felt it appropriate to launch the process for setting up a power plant in early 2004. This culminated in the incorporation of Coastal Energen Pvt Ltd (Energen), the Flag Ship Power Generation Company of the Group. Coal & Oil Company LLC began operations in 1998 out of Dubai, United Arab Emirates. Our interests saw us committing resources in the energy industries with a single- minded vision to emerge a leader in providing Integrated Energy Solutions.
At C&O, we help conceptualize and deliver customized solutions for procurement of carbon commodities. Our wide and well-oiled network allows us to lower the cost implications at every stage of the process.
We realize that we are only as strong as every link in the chain. - We source over a 100 varieties of coal from all 4 continents and have alliances with major producers.
- We deal with the top shipping companies in the world allowing us the flexibility to streamline deliveries.
- We own a ship to secure our contracts.
- We have our own logistics companies to take care of the port logistics, handling and door delivery.
- We have technical specialists and engineers and quality specialists to help resolve combustion issues.
- We are in the process of acquiring our own mines to make sure that there is an assured supply for our customers.
All this translates into a unique competitive advantage for Coastal Energen as a Power Producer.
Coastal Energen has deep and abiding respect for protection of the environment in the areas surrounding its activities. This is a core value which is firmly in place throughout the history of our C&O Group. It is also integrated into our company’s strategic vision.
To meet this commitment to the environment, we embrace new technologies and methods of operating, permanently seek out continuous improvement and make major investments in environmental facilities. We are deeply committed to continuous improvement of processes, treatment and management of raw materials, fuel, water and waste management. All of this is done at the planning stage and structured in a way that gives priority to those of our actions that impact the environment.
The Coastal Energen Group is a part of the society that surrounds its. We plan to implement initiatives that support local communities and participate in areas such as primary education, women’s empowerment, poverty alleviation, training, job opportunities and social empowerment.
The power team is led by Mr. Ahmed A.R.Buhari, Founder President and CEO of the C&O group. It was his dynamism and free spirit that led to the many firsts that C&O notched up during its long history. With a Graduate degree in Marketing from Bentley College, Boston, USA and a Masters degree in Shipping, Trading and Finance, from City University, London, he is the driving force behind the group. His vision encompasses Creating of an Energy Conglomerate with Coal mines, Ships, Logistics businesses and Power Plants all over India and abroad.
Mr. Moosa Raza, Chairman of the Executive Committee is a veteran, not only having headed various large companies and corporate projects but also having served as one of the highest ranked government officials having handled industries such as Steel, Fertilizers, Textiles, Chemicals, etc. With over 45 years of experience under his belt, he is the guiding force, not only for the power project, but for the entire group. Mr. S.M. Zafrulla, Managing Director of Coastal Energen, is a veteran of the power industry and has over 36 years of hands-on experience in the implementation and O&M of Power Projects. He was the Managing Director of Visvesvaraya Vidyuth Nigam and Technical Director of Karnataka Power Corporation Limited. He was responsible for getting several awards from Dr. A.P.J Abdul Kalam, the then President of India and from Dr. Manmohan Singh, Hon'ble Prime Minister of India for best executed/performing power stations . Mr. P.K.Sen, Member of the Board, brings extensive technical expertise and experience to the fold. His experience spans over 45 years in the field. He has been at the board of renowned companies such as Thermax Babcock & Wilcox, Thermax, Babcock &Wilcox of India etc. He has been a consultant to the Government of Canada and on their behalf carried out RMU study (Renovation, Modernisation &Upgrade study of Indian Thermal plants). He has been a consultant to World Bank and advisor to many engineering Companies like Babcock Borsig, Bechtel Consulting, etc. The core team is ably supported by an experienced and qualified project team comprising veterans in their respective fields including project management, finance, power, etc.
Coastal Energen Pvt. Ltd
5th Floor, Buhari Towers, 4, Moores Road, Chennai - 600 006. INDIA Tel: +91 44 4397 4397. Fax: +91 44 2826 8316. Coastal Energy Pvt. Ltd 5th Floor, Buhari Towers, 4, Moores Road, Chennai - 600 006. INDIA Tel: +91 44 4397 4397. Fax: +91 44 2826 8316. Coastal Energy Pvt. Ltd 202-207, Mahalakshmi Chambers, 22, Bhulabhai Desai Road, Mumbai - 400 026. INDIA Tel: +91 22 2351 9027. Fax: +91 22 2353 8567. Coal & Oil Company LLC Suite 402, Nat'1 Bank of UAQ Bldg, Khalid Bin Waleed Road, P.O. Box 30850, Dubai, UAE. Tel: +971 4 3972525. Fax: +971 4 3971663 PT Coal & Oil Indonesia 25th Floor Wisma Nusantara, Jl. MH Thamrin No. 59, Jakarta 10350. INDONESIA. Tel: +6221 3983 5179. Fax: +6221 3983 5180. ![]() ![]() ![]() ![]() Coastal Energen © 2008
fueled by: rossfortune :: ideasonic
|