We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
 DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel’s port in Visakhapatnam.
Partha Bhattacharya, chairman, CIL, said the company will look to go in for joint venture or acquire parts of existing ports rather than setting up its own.
“We are more or less close to signing a deal with Vizag Steel to start with. RIL/RINL has moved out of Vizag Steel so that space has been offered to us and we have accepted it for our imports. Compensation needs to be discussed. A 4-5 million tonne capacity would be available to us at any point in time,” he said.
CIL has started talks with other ports, including Gangavaram, Dhamra, Krishnapattanam, and Kandla. DNA had reported on September 30, 2009 that CIL is looking at tying up with ports.
CIL is also looking at coal-bed methane and coal mine gasification projects, though Bhattacharya said the water contamination problem was a concern.
“As long as there is no definite solution (to the water contamination problem) we can’t risk it because we don’t have coal in barren places. But if there is any technology evolving anywhere in the world, we will take it. We are seriously looking at underground coal gasification projects,” he said.
Meanwhile, a CIL delegation will be visiting US-based Peabody Energy to close a deal that will give the Indian firm a stake in four Australian coal mines along with other overseas assets.
“We are going to tie up with them for certain amount of production for a ten year period. I believe they are ramping up to somewhere around 16-17 million tonne in four- five years and they remain at that level… that is the offer. Our participation would be in the equity stake with this offtake agreement and at a price substantially lower than the spot prices,” Bhattacharya said.
However, the deal with Rio Tinto in Australia seems a bit far off. “Rio Tinto was not really a subscriber to our theory. They are growing fairly fast and are looking at the export market. They are talking about a mutually beneficial joint venture, which we will look at. Primarily we want to bring coal faster into the country at clearly distinctly advantageous terms than spot imports. We will look at Rio later.”
But CIL’s surface-based coal gasification project with RCF and GAIL India is still in the pipeline, Bhattacharya asserted. A senior CIL official had earlier said that the coal block allotted for the same project had been given back.
“I wouldn’t say it has not taken off… Actually GAIL is doing the studies now. That gas will be converted into ammonium nitrate and urea. Ammonium nitrate is a feedstock for our explosives. Gail is the nodal agency for this and they were supposed to get a study done and technology feed and that’s on. The minister for fertilisers was very keen and he took a meeting on that. The project is very much on course.”
CIL is also undertaking ventilation air methane projects for which a tender has been floated. “It is a very interesting project. The exhaust air from gassy mines contains high amounts of methane, which is pushed into the atmosphere. This gas is 21 times more potent than carbon di oxide. If we can do something to absorb that methane, and it would be a CBM technology, it will earn us carbon credits.”
Source: DNA India (Reported By: Pooja Sarkar)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
|
|
|
Showing 5866 to 5870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Planning Commission, India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
|
| |
| |
|
