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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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Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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- Minerals Council of Australia
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
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