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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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Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- White Energy Company Limited
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- The University of Queensland
- Videocon Industries ltd - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
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