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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 or overseas joint ventures.
The Cabinet Committee on Economic Affairs (CCEA) authorised an Empowered Committee of Secretaries (ECS) to look into Coal India's proposal to import coking coal for meeting domestic demand.
The ECS had been constituted earlier to consider proposals by International Coal Ventures, a special purpose vehicle set up jointly by five state-owned companies - Steel Authority of India, Rashtriya Ispat Nigam, power utility NTPC, National Mineral Development Corp and Coal India - for acquiring coal properties abroad.
"Since India does not have enough reserves of metallurgical and high grade coal to meet the projected gap between demand and supply, efforts are being made to secure resources abroad from where long term supply of coal at reasonable prices could be assured," the coal ministry said in a statement Thursday.
India's demand for coal has outpaced supply from indigenous sources, and is expected to increase to about 731 million tonnes by 2011-12 from 474 million tonnes, it said.
As a short-term strategy for immediate returns, Coal India aims to establish joint ventures or equity participation with companies engaged in mining meteorological coal and/or low ash thermal coal.
Over the medium term, it would explore equity participation in greenfield projects while over the long term Coal India plans to acquire or lease coal blocks.
Incidentally, Mozambique, in southeastern Africa, has awarded two coal blocks to the company for carrying out exploration and future mine development.
Source: Pro Kerala
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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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- ASAPP Information Group - India
- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
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- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
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- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
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- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
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- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
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- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Economic Council, Georgia
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- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
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- Posco Energy - South Korea
- Cement Manufacturers Association - India
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- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
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- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
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