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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company official said. "We are interested in having a JV with Coal India... The matter is under discussion, we have exchanged some notes," Shipping Corporation of India (SCI) Chairman and Managing Director S Hajra told PTI.
Talking about the equity structure of the proposed JV, Hajra said, "Most likely it will be like the SAIL model, where we have got a 50:50 JV." SCI recently reached a joint venture agreement with the country's largest steel-maker, SAIL, for the import of coking coal and is holding discussions with ONGC for offshore activities.
The JV, which is expected to be formed by the end of this fiscal, would ensure supply logistics and delivery of imported coal from the source of import to consumers, a senior official of Coal India (CIL) said on the condition of anonymity.
The joint venture is likely to be managed by the Shipping Corporation, as it has the domain expertise in the field and will also be allowed to make the most of the increasing opportunity to ship imported coal to India, the official added.
In addition, the official said the proposed JV may also be allowed to look for more business opportunities in the area of coal supply logistics and could also own its vessels, once a critical volume is achieved.
Coal India, whose initial public offer (IPO) will hit the capital markets on October 18 this year, plans to import 6 million thermal tonnes of coals in 2010-11, based on firm orders placed by companies like NTPC.
While the world's largest coal producer has a presence in Mozambique, it is learnt to have shortlisted US-based Peabody Energy and 11 others as possible partners for sourcing coal to meet growing domestic demand.
Source: PTI
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Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
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- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- White Energy Company Limited
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Bhatia International Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
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