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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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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Australian Coal Association
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- The University of Queensland
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- White Energy Company Limited
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
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