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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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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
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- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- PTC India Limited - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
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