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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, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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- Vedanta Resources Plc - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- SMC Global Power, Philippines
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Economic Council, Georgia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
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