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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, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Australian Coal Association
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Planning Commission, India
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
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