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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, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Planning Commission, India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
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