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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, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- The University of Queensland
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
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