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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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Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
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- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
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