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Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) disinvestment programme of Coal India, which expects to launch the public offer by July-August this year.
"An Inter-Ministerial Group, comprising Coal Secretary, Disinvestment Secretary and eight other officials from different ministries, has been formed. It was notified on Friday," a person in the know of the development said.
The panel would be responsible for selecting book runners-cum-lead managers (BRLMs) to manage the initial public offer (IPO) of the country's largest coal producer and would decide about pricing and timing of the issue, among others.
Paving the way for smooth sail of IPO, the coal giant, on Friday last week, took its trade unions on board for disinvestment plan, which is expected to be cleared by the Cabinet by thismonth-end or early May, a senior Coal Ministry official said. The unions were opposed to the sell off.
The proposed share sale in CIL is part of the government broad disinvestment plan which aims to raise around Rs 40,000 crore (US$ 9.039 billion) through partial stake sales in PSUs like SAIL, Coal India and Engineers India Ltd in the current fiscal. (1 USD = 44.2500 INR) Red more Economic Times
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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
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