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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, 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 ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
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- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- White Energy Company Limited
- Eastern Energy - Thailand
- The University of Queensland
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
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