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