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Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/Sinarma, for a possible partnership to take forward the about USD 2 billion (over Rs 9,000 crore) overseas ventures.
The world's largest coal producer will soon start due diligence at five mining assets of the global firms, spread across Australia, Indonesia and the United States.
CIL chairman Partha S Bhattacharyya had already named Peabody Energy as one of the shortlisted firms, out of the 59 proposals it received from global firms for its Expression of Interest. The navratna firm is currently considering equity buyouts and joint venture mining with these firms.
"A team of two CIL officials will undertake due diligence of mining assets of the Massey Energy Company in US, Peabody Energy in Australia, and Novem/Sinarma in Indonesia. They are expected to leave shortly," a senior Coal Ministry official told PTI.
The team is expected to visit Peabody Energy's Metropolitan Under Ground Mine and Wilkie Creek Mine in Australia; Novem/Sinarma's Borneo Inclobana and G 3 mines in Indonesia and Massey Energy Company's Sidney Underground Mines in the US.
CIL will finalise "at least" one deal in the next few months, the official said.
"CIL has already appointed merchant bankers and technical consultants for the proposed JV projects," another official in the know of the development said. CIL, which is sitting on a cash pile of over Rs 30,000 crore (US$ 6.629 billion), does not need to raise funds for its growth projects. (1 INR = 0.0220994 USD). To Read More Economic Times
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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
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- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Australian Coal Association
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
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