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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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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
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- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Australian Coal Association
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
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