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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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Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- The University of Queensland
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
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