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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The coal majors are Rio Tinto and US coal producer, Peabody Energy.
The Union coal minister, Sri Prakash Jaiswal said, “The CEO had come from the US for a meeting on Tuesday and an Indian delegations will fly to there by May-end for further negotiations.”
DNA Money was the first to break the story that CIL has hired RBS and other bankers for evaluating the coal companies.
Jaiswal added, “The deal has to meet our expectations. We want to bring in the latest technology, increase coal production, latest mining equipment and coal property purchase.”
The minister further said that CIL would be taken to the capital market in August-September and he expects it to be the biggest disinvestment from the government’s table.
The coal ministry is expecting a gap of 70 million tonnes, which it expects to import in the 12th five-year plan.
For the 11th Plan, the Planning Commission had a requirement of 604 million tonne, of which, CIL is able to produce 534 million tonne. The coal production for this year is up by 8%.
The minister also said that coal mining licenses, for all those companies who have not started mining in allotted mines, would be revoked.
Jaiswal said, “We have allocated 208 coal blocks in last three-four years and only 25 have been developed as per our survey. We had given it to private players thinking they would start mining fast, which is not the case. They are showing mines as property, so we have issued notices and are awaiting their responses. We will cancel the mine allocations if we find the reasons unjustified and false.”
Source: DNA ( By Pooja Sarkar & Shubhashish / DNA)
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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Planning Commission, India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
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