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Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indonesian coal company for USD 8.75 million, as quoted by PTI.
"We have completed the acquisition (70percent of the Indonesian coal firm) and we hope to start operations there in late 2012,"IMFA Managing Director Subhrakant Panda told PTI. While declining to name the acquired company, he added that IMFA is yet to carry out a detailed assessment of its reserves and required infrastructure to sustain operations there.
"It has a coal mine in East Kalimantan district of Indonesia but it is not possible for me to tell you the name, its reserves or the proposed investment right now. We are yet to do a detailed assessment,"Panda said.
The acquisition has been made through IMFA's Singapore based subsidiary, Ind Met Mining Pte Ltd and the detailed assessment will be completed in 6 to 8 months, he further said. The IMFA, which has 108 MW captive power generation capacity, also has plans to expand it to 258 MW by March, 2012.
The company is also developing a captive coal block with 123 million tonnes of mineable reserves through a special purpose vehicle, Utkal Coal.
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Wednesday, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release - The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...
Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...
Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...
Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to pro ...
Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...
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- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- MS Steel International - UAE
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Australian Coal Association
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
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