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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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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
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