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.
|
|
Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
|
|
|
Showing 6396 to 6400 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
|
| |
| |
|
