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Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generation Limited (RG), an Australian coal mining company for about A$ 0.575 per share, aggregating to A$10.5 Mn (Rs.45 crore).
An affiliate company of power producer CESC Ltd, ICML has inked an offshore coal procurement contract with RG to purchase 37 million tonne (MT) coal over 20 years from RGL’s Boikarabelo mine in South Africa. ICML will purchase a mln MT of thermal coal per annum for three years and two MTPA for a further 17 years.
The coal will feed future greenfield projects in Haldia in Bengal and Chandrapura in Maharashtra of RPG flagship CESC. CESC owns around 26% in ICML, while for RG, this is a major step in its plan to establish its Boikarabelo mine as a significant supplier of coal for both export and South Africa’s domestic markets.
CESC is a power utility company, with an installed capacity of 1,225 MW in Kolkata and Howrah and this acquisition will enable CESC to increase its capacity to 5,745 MW.
RG is dual-listed company on the Australian and Johannesburg stock exchanges, with coal mining assets in Tasmania in Australia and in South Africa. It also has uranium exploration projects in central-west Africa’s Cameroon.
The coal purchases will begin when the Boikarabelo mine commences production, scheduled for early 2013. The price will be agreed annually, based on the international benchmark price at the time.
The mine is in the Waterberg region of South Africa, one of the country’s largest remaining coal deposits. It is estimated to have 603 MT of reserves, about 40% of South Africa’s untapped coal mines of around 1500 MT.
The international coal sector has seen active participation from Indian steel,coke manufacturers and power generation companies.
This year in April, JSW Energy Ltd acquired 49.8% stake in Royal Bafokeng Capital (Proprietary) Ltd that owns shares in South African Coal Mining Holdings Ltd from Strider Holdings (Proprietary) Ltd. Essar group bought US based Trinity Coal for $600mn and an Indonesian mine $200mn.
Tata Steel has also decided to acquire 80% in the direct shipping ore project of New Millennium Capital Corp, Canada (NML).
Source: Dealcurry
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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Australian Coal Association
- GMR Energy Limited - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- ASAPP Information Group - India
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