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Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
 Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003,197) aluminium-cum-power project in Indonesia, work on which is likely to begin by June.
The company has already selected the UAE-based RAK Minerals as JV partner to set 0.5 million tonne (MT) aluminium smelter and 1,250 MW captive thermal power plant in East Kalimantan, Indonesia, part of its ongoing Rs 58,000 crore (US$ 12,737,454,747) capacity expansion plan.
"Five firms has shown interest to supply coal to our proposed aluminium-cum-power project in East Kalimantan, Indonesia. We have shortlisted Muara Enim and Bumi Muara Prasada and asked for commercial bids," NALCO Director Finance B L Bagra told PTI.
Detailed commercial proposals would be submitted by both the firms by February next year, based on which NALCO enters into a pact with one of the firms for supply of about 10 million tonne per annum (MTPA) of thermal grade coal, half of which would be utilised for the project, he said.
The five firms, which have responded to the Expression of Interest (EoI) bid floated by NALCO included MEC Middle East, Pram Dwi Jaya Muara Enim and Bumi Muara Prasada.
While the firm intends to import about 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 needs 8-10 MTPA of thermal grade coal, 4-5 MTPA of which is for its East Kalimantan project and rest for its energy requirement elsewhere.
The company had invited EoI bid from competent miners or concession holders having resources of more than 500 MT in East Kalimantan province in Indonesia in close proximity to seaport, fresh water source and other infrastructure facilities, for coal supply.
The company has already selected Ras-al Khaimah Minerals as one of the joint venture partners for the aluminium-cum -power project, while others would be finalised soon.
JV agreements are likely to be finalised in six months and the company hopes to start work on the projects by June 2011.
Apart from Ras-al Khaimah Minerals an Indonesian state -owned mining firm too has evinced interest in the project, which will have debt equity ratio of 70:30.
NALCO's investment would be 15 per cent of the total project cost, while the JV partners would fund 15 per cent and the remaining 70 per cent would come through loans. 1 USD = 45.5350 INR (source - www.xe.com)
Source: Business-Standard
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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
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