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Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in Indonesia. The Navratna coal firm, which had so far been slow in acquiring coal properties in Indonesia compared with other nations like Australia and Mozambique, is now keen on expediting the process.
“The process has been somewhat slow compared with other nations. We want to expedite the acquisition process in Indonesia,” a company source told Business Standard. The coal major is yet to zero on any particular mine, but is focused on buying stakes in thermal coal assets in that country.
It was only recently that CIL had also stepped up efforts to acquire coal assets in Australia. A delegation comprising coal minister Sriprakash Jaiswal, CIL Chairman Partha S Bhattacharyya and other top officials of the coal ministry is on a visit to Australia to secure coal assets there.
The coal major is open to acquiring both operational and virgin coal mines in Australia. CIL could either pick up stakes in Australian mining companies or carry out joint mining operations with them.
CIL had also called for Expressions of Interest (EoIs) from global mining firms in July this year for entering into a strategic business partnership. Over 100 global mining firms had evinced interest in the proposed partnership.
The company had lined up an investment of $1-1.5 billion for acquisition of overseas coal assets. Earlier in March, CIL was awarded two exploratory coal blocks in Tete province of Mozambique, having an estimated reserve of one billion tonnes. While the exploration of these two coal blocks spread over 224 sq km was set to commence within a few months, the mining activities were expected to begin after three years.
Source: Business Standard
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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 ur ...
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 a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
Tuesday, 01 September 09
THREE COAL INVESTMENTS AND A SECTOR ON FIRE
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no ...
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- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Planning Commission, India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- MS Steel International - UAE
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