We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
  Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 crore). Sources said the mine may have reserves of 280-300 million tonnes. The asset is also unique, as it comes with an operating power plant of 500 Mw. The last date for bids is September 20.
A GMR spokesperson said that the company does not comment on speculation, while Reliance Power and Adani did not respond to e-mailed queries.
The Indian companies, however, face tough competition. There are 31 bidders, including Japanese and Chinese companies. “Since the asset is very expensive, companies might look at forging joint ventures with international partners to put in bids,” said a source close to the development.
Australia and Indonesia have been popular destinations for power companies seeking coal mines due to their proximity to India. Reliance Power acquired three coal mines in Indonesia in May 2008. GMR also acquired Indonesian coal mining company PT Barasentosa Lestari for around Rs 400 crore (US$ 87,241,013) in 2009. In 2007, Tata Power bought a 30 per cent stake in two coal companies for $1.1 billion.
“Coal as a commodity is going to be in short supply in India. Most private sector power companies will have their plants up and running in the next three to four years. Most of this capacity is coal-based,” said Gaurav Dua, head of research at Sharekhan.
However, analysts said coal mine purchases might be expensive in the current situation. “Right now, coal asset prices are steep, compared with international coal prices, which are lukewarm. But, maybe in the next six months, coal prices could revive and the assets will seem reasonable,” said Priti Gupta, executive director-commodities, Anand Rathi Financial Services.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
|
|
|
Showing 5996 to 6000 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- The University of Queensland
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
|
| |
| |
|
