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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, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- White Energy Company Limited
- Australian Coal Association
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
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