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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, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Planning Commission, India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- The University of Queensland
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
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