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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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Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
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