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Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
 Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes through a joint venture.
"We will form two more joint ventures to set up cement plants at Rourkela and Burnpur. The Rourkela plant will have a capacity of 2 mt, while the Burnpur unit will have a capacity of 1 mt. The joint venture partners will be decided through a bidding process," Chairman S K Roongta told Business Standard.
New capacity creation for a million tonnes of cement usually requires an investment of Rs 350-400 crore (US$ 72,947,076 - 83,368,087), according to estimates by cement industry sources. Setting up of these two units with a total capacity of 3 million tonnes could require an investment of Rs 1,100-1,200 crore (US$ 229,262,240 - 250,104,262).
SAIL is already developing two cement plants at Bhilai and Bokaro through a joint venture with Jaiprakash Associates, which is a major cement player. The Bhilai plant, with a capacity of 2.2 mt, would be operational by mid - 2010. The Bokaro plant, with a capacity of 2 mt, is expected to begin cement production by July 2011.
In both of these joint ventures, SAIL has a 26 per cent stake. The proposed new joint ventures are also expected to have a similar holding structure.
Through concurrent expansions at its five integrated steel plants at Bokaro (Jharkhand), Bhilai (Chhattisgarh), Rourkela (Orissa), Durgapur and Iisco Steel Plant (both West Bengal), SAIL has targeted to step up its total steel production capacity from 14 mt to 23 mt by 2012.
This capacity expansion will result in a significant increase in the volume of slag, which is a byproduct. The slag-based cement plants will enable SAIL to find long-term solutions for the disposal of the byproduct generated at these plants.
The domestic cement industry has a capacity of about 226 mt. It is expected to add another 35-40 mt by the end of the year as most players are augmenting capacities. Cement consumption has been growing at double-digit rates month-on-month, mainly driven by the demand from rural and semi-urban areas. In August, for instance, the industry clocked a despatch growth rate of 17 per cent.
Source: Business Rediff
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Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
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- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
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