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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, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
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- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
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