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Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the flagship company of the Kolkata-based RPG group, is the latest to join the list of Indian companies scouting for coal mines overseas.
The company has already set a target of adding 6,000 MW of power generation by the end of the 12th Plan in 2017 and acquiring these mines will support and secure supply for the power generation project.
"We are looking for overseas coal assets mainly in Indonesia and South Africa. The due diligence is going on. We have not finalised as yet though we are discussing the matter," P Neogi, president of Integrated Coal Mining Ltd, an arm of CESC, told reporters on the sidelines of an industry conference on Tuesday.
Apart from having one mine in Asansol, CESC has recently also signed an agreement with an Australian company Resource Generation Ltd for the purchase of 37 million tonnes of coal over 20 years.
Presently, the company has an installed capacity of 1,225 MW and plans to add 6,000 MW more to it through its different projects in Haldia in West Bengal, Chandrapur in Maharashtra, Jharkhand and Orissa.
Neogi said: "The construction at Chandrapur, a 600 MW capacity plant, is already under way. We will soon start construction of the first phase of another 600 MW plant at Haldia. Apart from these, we plan to set up 1,000 MW capacity plant each in Jharkhand and Orissa."
He added that while land acquisition has been completed in Orissa, talks are on with the Jharkhand government on the same issue. Neogi said that the supply of coal from the South African mine is expected to begin from 2013 when the latter gets fully developed.
Source:Tehelka (BY Tuhin Dutta)
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Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
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- McConnell Dowell - Australia
- Romanian Commodities Exchange
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- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
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- Central Electricity Authority - India
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- European Bulk Services B.V. - Netherlands
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- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
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- PowerSource Philippines DevCo
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- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
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- Agrawal Coal Company - India
- Ministry of Mines - Canada
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- IEA Clean Coal Centre - UK
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- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
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- Maharashtra Electricity Regulatory Commission - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
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- Alfred C Toepfer International GmbH - Germany
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- Global Green Power PLC Corporation, Philippines
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- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Australian Coal Association
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
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- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
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- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
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- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- The University of Queensland
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
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- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
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