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Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said here Friday.
The government, which holds 100 percent stake in CIL, will divest 10 percent through an initial public offer (IPO) of 63.1 crore (63 million) shares, Bhattacharyya told reporters on the sidelines of the 20th Asian Corporate Conference organised by industry lobby CII.
The company will reserve 6.3 crore (63 million) shares for its employees.
“We hope to file the draft red herring prospectus for the issue with Securities Exchange Board of India by mid-June post our annual general meeting,” Bhattacharyya said.
Bhattacharyya added that the company’s net profit would be around $1.7 billion in the current fiscal.
The company is now producing 430 million tonnes of coal, which is expected to reach 700 million tonnes over the next 10 years, Bhattacharyya said.
CIL has also secured exploration licences for two blocks in Mozambique and expects to start work there soon.
“We are expecting one billion tonnes reserves from these blocks,” he said.
Bhattacharyya also spoke about the company’s corporate social responsibilities. “As we are expanding our coal mining operations, its our responsibility to grow more trees than we have cut. We are passionately pursuing the afforestation programme.”
The company is adopting clean technology to reduce the impact of mining on the environment, he said.
Source: Business News - INAS
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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
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- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Planning Commission, India
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- Altura Mining Limited, Indonesia
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- Iligan Light & Power Inc, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
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- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
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- Energy Development Corp, Philippines
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- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
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- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
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- Directorate General of MIneral and Coal - Indonesia
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- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Parliament of New Zealand
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
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