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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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Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
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- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- The University of Queensland
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Planning Commission, India
- White Energy Company Limited
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