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.
|
|
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
|
|
|
Showing 6436 to 6440 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PTC India Limited - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
|
| |
| |
|