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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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Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
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- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- The University of Queensland
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
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