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Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (IPO) with Úøad na ochranu hospodáøské soutìe (ÚOHS, Office for the Protection of Competition). Since also the ÈEZ and Dalkia groups are participating in the acquisition of control over IPO in addition to J&T, the European Commission is competent to assess this merger by the European legislation’s turnover criteria rather than ÚOHS.
“It is no longer possible to ignore the tide of oligopoly power sweeping over the Czech energy market, which, moreover, is backed by the State as the majority owner of dominant ÈEZ,” says Petr Pudil, Czech Coal a.s. Chairman and CEO. “The above groups’ jointly taken steps are capable of deepening the imbalance on the market of electrical energy generation and on the brown coal market even further,” explains Petr Pudil. According to Czech Coal’s analysis, the merger poses threat to competition on the relevant markets and also to the consumers’ interests on the domestic as well as European scale.
The Czech Coal Group includes Czech Coal a.s., a trader in energy commodities, mainly brown coal, electrical energy and greenhouse gas emissions allowances, and Litvínovská uhelná a.s., which holds the largest volume of coal reserves in the Czech Republic, Vršanská uhelná a.s., whose coal reserves within the mining limits will last until 2058, Czech Coal Services, a.s., which provides shared service to the extraction companies, and a number of other service companies. REN Power CZ, a.s., a leading Czech investor in renewable energy sources, was included into the Group this year.
Contact: Libìna Novotná Spokesperson Czech Coal a.s. Tel.: +420 476 203 140 GSM: +420 602 230 795 l.novotna@czechcoal.cz www.czechcoal.cz
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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Planning Commission, India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
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