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Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are among the 52 companies, which have responded to expression of interest (EoI) sought by Coal India Ltd (CIL) for striking strategic partnerships with overseas coal mining companies. CIL, which accounts for 85 per cent of India’s coal production had sought these EoIs on July 16 and August 31 was the last date for submission of EoIs.
CIL Chairman Partha S. Bhattacharyya, who is now touring Australia along with Union Minister Sriprakash Jaiswal, declined to reveal anything on the EoIs saying that he was bound by a confidentiality clause. CIL directors too refused to say much on this matter. However, Mr. Bhattacharyya, speaking to The Hindu, said that “The response is very substantial”.
While the Indian mining mission, organised by the CII in co-operation with the Australian Trade Commission, attended various functions, they visited some mines too, including that of Rio Tinto. Mining practices in Australia is considered to be among the best in the world with the induction of large capacity sophisticated technology and its management.
Enquiries revealed that of the 52 companies putting in their EoIs, 18 are from Indonesia, 15 from Australia, 13 from the U.S. and six from South Africa.
These offers would now be evaluated and it would have to be checked whether they fulfil the requisite criteria, which a senior official said was fairly liberal.
Even as it tries to plug an ever-growing demand-supply gap (projected to touch 200 million tonnes by 2016), through increased production, CIL has now decided to strike partnerships and acquire mines abroad to augment supplies. It has already acquired mine blocks in Mozambique. However, it needs ready supplies to feed the energy sector, which is heavily reliant on coal as a fuel.
As such, it is open to any sort of partnerships, including acquiring stakes in overseas companies against assured coal supplies, sources said. CIL is targeting to produce around 435 million tonnes this fiscal.
Source: The Hindu
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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Edison Trading Spa - Italy
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Planning Commission, India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Central Electricity Authority - India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
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