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, 06 March 09
CHURCHILL STARTS REVERSE DRILLING AT INDONESIAN COAL PROJECT
Miningweekly reported that, Aim-listed minerals explorer Churchill Mining on Thursday stated that reverse drilling at its East Kutai coal project (E ...
Thursday, 05 March 09
UAE FUND PLANS INDONESIA COAL RAIL LINK
News.alibaba reported that, A United Arab Emirates' fund signed a memorandum of understanding on Monday (2 March 2009) with an Indonesian prov ...
Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD
China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains s ...
Thursday, 05 March 09
RAK TO BUILD COAL FIRED POWER STATION
The National Ras al Khaimah, which is developing a coal mine in Indonesia, will build a coal-fired power plant in the emirate in the next two years ...
Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS
The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now sugg ...
|
|
|
Showing 6856 to 6860 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Australian Coal Association
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- PTC India Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
|
| |
| |
|