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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 to set up a wholly-owned subsidiary in that country to expedite the exploration process.
“CIL will form a separate company for carrying out coal mining activities in Mozambique. This company will be a fully-owned subsidiary of CIL and will forge a joint venture (JV) with a state run mining firm in Mozambique,” a top CIL official told Business Standard.
The CIL subsidiary will have an 85 per cent stake in the JV, while the remaining 15 per cent will be held by the Mozambique-based mining company. The modalities of the JV company were yet to be decided, but a breakthrough was expected during the upcoming visit of a high-level Indian delegation to Mozambique. The delegation, which includes the Union coal ministry officials as well as the top brass of CIL, is expected to take up the issue of the proposed JV company to start exploration of the coal blocks.
In March this year, CIL was awarded two exploratory coal blocks — A1 and A2 — in Tete province of Mozambique, having an estimated reserve of one billion tonnes. While the exploration of these two coal blocks, spread over 224 sq km, was set to commence within a few months, the mining activities were expected to begin after three and a half years.
Prior to carrying out mining operations in Mozambique, the Navratna coal company was to distribute artificial limbs in that war-ravaged nation. CIL has also announced the setting up of a premier mining institute in Mozambique, on the lines of the Indian School of Mines, Dhanbad.
Apart from Mozambique, CIL had also stepped up its efforts to acquire stakes in coking and thermal coal assets in Australia. CIL has called for Expressions of Interest (EoIs) from mining firms in Australia in this connection by the end of August. The coal major was keen on entering into a strategic partnership with Australian mining firms having proven expertise in mining for developing the coal assets.
Source: Business Standard
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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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