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Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
“The proposal to increase the financial powers of Coal India beyond Rs 1,000 crore for investments abroad would be placed before the Cabinet Committee on Economic Affairs soon,” minister of state for coal Sriprakash Jaiswal said today.
The country’s largest coal producer has been scouting for assets in Africa, Australia and Indonesia to meet the growing energy demands in the country.
Industry sources said the company was close to acquiring coking and non-coking coal blocks in Indonesia and Mozambique.
According to Jaiswal, the committee of secretaries had favoured an increase in the corpus, and other ministries and departments had sent in their comments.
Being a navratna company, Coal India can acquire assets up to Rs 1,000 crore without permission from the government.
The firm is seeking an increase in the investment limit, as vital energy assets abroad are ruling cheap because of the global recession.
Jaiswal said the government could divest up to 10 per cent in CIL through an initial market offering.
Source: Telegraph India (http://www.telegraphindia.com/1090618/jsp/business/story_11127106.jsp)
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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
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- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
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- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
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- Electricity Authority, New Zealand
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- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
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- White Energy Company Limited
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- Uttam Galva Steels Limited - India
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- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
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- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
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- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
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- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
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- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
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- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
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