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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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Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
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- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Australian Coal Association
- White Energy Company Limited
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Minerals Council of Australia
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- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
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