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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, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
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- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
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