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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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Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
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