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Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
 Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
This is parallel to the company's attempt to strike joint ventures with the Indonesian coal companies through global tender.
Coal India Ltd has proposed development of a coal block in Indonesia in joint venture with the country's State sector.
The proposal, aimed at forging co-operation in the coal sector between the two countries, was mooted at the India-Indonesia Working Group meeting held in Jakarta earlier this month.
The Indian delegation was headed by Mr Alok Perti, Additional Secretary, Ministry of Coal, who is also the Government nominee on the CIL board.
Sources told Business Line that during the meeting, the CIL chairman, Mr Partha S. Bhattacharyya, proposed that the State enterprises of both the countries should join hands in developing a coal block in Indonesia to identify the mutual strengths and weaknesses and define the course of cooperation. He had also requested the Indonesian Government to identify a block for the purpose.
“Apparently the proposal was appreciated by the Indonesian delegation. However, a decision is awaited,” a source said.
An agreement on the part of the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal. This is parallel to the company's attempt to strike joint ventures with the Indonesian coal companies through global tender.
The Indian coal major was previously awarded two exploratory blocks by the Mozambique Government as part of a bi-lateral concession agreement between the two countries.
Coal production flat
CIL is stressing on liquidating its huge pithead stocks during the current quarter rather than adding to it by increasing production. Pithead stocks witnessed a sharp rise in the fourth quarter of the last fiscal due to high production and low dispatch, allegedly caused by low availability of wagons.
“We have managed a sharp increase in supplies so far in the first quarter of 2010-11 by liquidating our stocks. Coal production will remain flat during the quarter as we have mobilised our production capacity in overburden removal in the opencast mines. This would help us in stepping up production in the following quarters at a faster rate than last year,” a company source said.
CIL is targeting a 7 per cent growth in production to 460 million tonnes in this fiscal.
Source: The Hindu Businessline (reported By:Pratim Ranjan Bose)
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Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
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- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
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- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
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- Indian Oil Corporation Limited
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- Ministry of Transport, Egypt
- Bhatia International Limited - India
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- Latin American Coal - Colombia
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- Global Coal Blending Company Limited - Australia
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- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bangladesh Power Developement Board
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- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
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- CNBM International Corporation - China
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- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
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- Rashtriya Ispat Nigam Limited - India
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- Bhushan Steel Limited - India
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- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Planning Commission, India
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