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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, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...
Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
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- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
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