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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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Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains
* Mining majors expected to buy not sell
* South Africa a target, Indonesia less so
By Jackie ...
Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...
Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...
Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...
Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...
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- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- The University of Queensland
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
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