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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, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
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- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Electricity Authority, New Zealand
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Minerals Council of Australia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Australian Coal Association
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
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