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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, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- PTC India Limited - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
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