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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
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