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Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
 India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's urgent energy needs, and he's been visiting coal mines in the eastern states of New South Wales and Queensland.
Presenter: Brendan Trembath
Speakers:
Sriprakash Jaiswal, India's Minister of State for Coal;
Arun Kumar Jagatramka, Chairman of Gujarat NRE Australia;
Aditya Jhun Jhunwala; Indian executive
BRENDAN TREMBATH: Coal is such as important commodity in India the nation has a minister for coal. His name is Sriprakash Jaiswal and he's in Australia this week.
SRIPRAKASH JAISWAL: It's my duty to visit all the countries where coal is available and Australia is one of those countries where coal is available and superior quality coal is available.
BRENDAN TREMBATH: India's Minister of State for Coal has been to see mines in the New South Wales Hunter Valley and in the Emerald region of Queensland.
He was underground again last night attending a cocktail party in his honour in the basement of a Sydney hotel.
Sriprakash Jaiswal says India is looking to secure more coal because more than half the nation's electricity comes from coal fired plants.
SRIPRAKASH JAISWAL: So we are in search of some foreign coal.
BRENDAN TREMBATH: India is coming in after the Chinese. Australia has a long standing relationship with the Chinese. Is that a disadvantage for you at all?
SRIPRAKASH JAISWAL: That doesn't make any difference. Our relationship, India and Australia relationship are very strong and very old.
BRENDAN TREMBATH: The cocktail party for the minister was hosted by an Indian mining executive whose company's first investment in Australia was an old mine just outside Wollongong. The renewed mine produces coking coal which is used to heat blast furnaces to make steel.
Arun Kumar Jagatramka says there's strong demand for both coking coal and the coal used to make electricity.
ARUN KUMAR JAGATRAMKA: They're growing at a very fast rate and India does not have enough resources to feed that demand. And from that perspective Australia has all the resources and Indian industries and Indian companies do need to take a long term view, do need to invest in resources and infrastructure and develop the infrastructure in Australia to be able to meet the longer term demand that is coming in India.
BRENDAN TREMBATH: Australia has a long term relationship with China, exporting coal to China, does it come as a disadvantage to come in second in this market?
ARUN KUMAR JAGATRAMKA: I don't think so. It is like China has already lubricated and prepared the venue for us. We only have to land.
Source: Radio Australia
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Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
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- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Australian Coal Association
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
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