We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
 Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 billion USD (Rs 18,000 crore) aluminium-cum-power plant complex in that country.
The four firms, which have responded to the Expression of Interest (EoI) bid floated by Nalco last month, are MEC Middle East, Bumi Resources, Energy Indonesia and Pram Dwi Jaya.
"We will go for technical evaluation of the bids before short-listing firms for invitation of commercial bid", BL Bagra, director (finance), Nalco told Business Standard. The process will take about a month, he added.
Nalco proposed to set up a 0.5 million MT aluminium smelter and 1250 MW coal based thermal captive power plant in East Kalimantan province in Indonesia. While the company intends to import approx. one million tonne of alumina annually from its facilities in India to feed the aluminium smelter, the coal for the captive power plant will be procured locally.
Nalco needed 8 - 10 million tonnes per annum of thermal grade coal, 4-5 MTPA of which was for its East Kalimantan project and the rest for its energy requirement elsewhere.
Hence, the company invited EoI bid from competent miners or concession holders for coal reserves in East Kalimantan province in Indonesia having coal mines in close proximity to seaport, fresh water source and other infrastructure facilities.
Nalco would be an equity partner in the coal mining operation, Bagra said, adding, after the scrutiny of technical and financial bids, talks will be held with the selected party in this regard. But the extent of shareholding will depend on the total volume of production from the mine, volume required by Nalco and the valuation of the asset.
The finalization of the JV partner will be followed up with preparation of detailed project report (DPR) for the venture. The JV agreement is a pre-curser to DPR as this will provide a clear picture on the cost to be borne towards procurement of coal and transportation.
With the debt equity ratio of the Rs 18,000 crore-project being pegged at 70: 30 and Nalco intent on having at least 50 per cent stake in it, the equity exposure of the company is estimated at around Rs 2,700 crore.
After the JV agreement and finalization of DPR, the company will seek the approval of its board and the government for equity investment and approach foreign financial institutions for financing the project. The debt component at Rs 12,400 crore being a sizeable amount, the company will seek international consortium financing, Bagra said.
Source: Sify
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
|
|
|
Showing 5651 to 5655 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
|
| |
| |
|
