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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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Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
Saturday, 08 May 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND PANAMAX / $ 21500 & SUPRAMAX / $ 18500 PER DAY - VISTAAR SHIPPING
COALspot.com: The BDI continued to go up and was up by 7.57 pct even though the stock markets was severely affected with worries on Greek debt crisi ...
Saturday, 08 May 10
MAHAGENCO TO IMPORT 3.35 MILLION TON OF COAL
COALspot.com: Indian utility Maharashtra State Power Generation Co. Ltd. is in market for 3.35 million tones of imported coal. The purchase of coal ...
Saturday, 08 May 10
NAPOCOR BUYS 122,000 TONS COAL - ABC CBN NEWS
ABC - CBN News reported that, State-run National Power Corp. (Napocor) said on Thursday it awarded 2 contracts for the supply of a total 122,000 ton ...
Saturday, 08 May 10
RICHARDS BAY COAL SHIPMENTS FALL TO AN 11-MONTH LOW - BLOOMBERG
Bloomberg reported that, Coal shipments from Richards Bay Coal Terminal, Africa’s biggest export facility for the fuel, fell to an 11-month lo ...
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- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
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