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.
|
|
Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
|
|
|
Showing 6121 to 6125 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
|
| |
| |
|
