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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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Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
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- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
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