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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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Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy
Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes ex ...
Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indone ...
Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
COALspot.com - Indonesia shipped 28.27 Million tons of coal in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, I ...
Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The incr ...
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- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
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