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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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Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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 ...
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- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Australian Coal Association
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
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