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Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, though it would be a while before a deal can be inked.
“We are talking to them (MEC). The valuations are still to be worked out. But our talking to them does not mean we will close the deal. It all depends on valuations and pricing. We can’t set a timeframe for the talks yet,” Isaac George, GVK’s CFO said.
MEC Coal, a joint venture between MEC (Mineral. Energy. Commodities) and the Emirati government of Ras Al Khaima, is developing significantly large coal mines in Asia.
When asked about talk of a deal valuation in the range of $700 million to $1 billion, he said: “I don’t know where these numbers are coming from. We are yet to reach that stage of putting a number to it.”
GVK has been scouting for coal mines for sometime now. However, it is still not known whether the infrastructure company would operate the mines on its own or use the coal for its power projects.
The company is also said to be among as many as 16 companies in the race to pick up stake in Australia-based Griffin Coal Mining. GVK currently operates three power plants with a total capacity of about 900 mw and is in the process of developing two power plants of 540 mw each.
While the existing capacities are based on gas, the new capacities are coal-based.
Source: DNA India
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Thursday, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy
The Atlantic markets remain flat and lackluster. High volume of tonnage availabi ...
Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...
Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...
Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points.
The feast/SE Asia ...
Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY
The Atlantic markets remain flat and lackluster. The expectations that the grain ...
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- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- VISA Power Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Planning Commission, India
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