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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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Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
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- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- The University of Queensland
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
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