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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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Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
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- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Australian Coal Association
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- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
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- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
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- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
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- Minerals Council of Australia
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- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
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- Australian Commodity Traders Exchange
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- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Orica Australia Pty. Ltd.
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- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
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- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
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- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
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