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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 acquire, through a joint venture (JV) with other Indian companies, coking coal projects in Mozambique, as well as in Australia and Indonesia “We are looking at several opportunities, but I can’t discuss the names,” Sail chairperson S K Roongta told Bloomberg News in Beijing. “I can’t set a timeline but we would like it to happen at the earliest.”
He explained that his group was seeking to increase its steel production in order to meet growing domestic Indian demand. According to the World Steel Association, the demand for steel in India is likely to show an 8,9% increase this year and a 12,1% rise next year. It is reported that Sail itself expects to produce 14-million tons of crude steel between July 2009 and June 2010.
The JV, of which Sail is a member, was set up with the encouragement of India’s federal government and is called International Coal Ventures. The JV is composed of five companies, all State-owned. Apart from Sail, which is 86%-owned by the Indian government, the members of the JV are Coal India, the National Development Corporation, NTPC (National Thermal Power Corporation, India’s biggest thermal power generating company) and Rashtriya Ispat Nigam (another steel company). Sail and Coal India each have two-sevenths of the JV’s equity, while the other three each hold one-seventh.
Coal India was allocated two coal blocks in Mozambique, in March. These are the A-1 and A-2 blocks in Tete province. The International Coal Ventures JV was formed in May. The JV’s interest in buying further coal blocks in Mozambique was made public, in a document released by the Indian High Commission in Maputo, in August.
Sail is a fully integrated iron- and steel- making company. In terms of turnover, it is one of the ten biggest State-owned companies in India. It manufactures basic and special steels for India’s automotive, construction, defence, engineering, power and railway industries.
It also exports steel. Its products include hot- and cold-rolled sheets and coils, plates, bars and rods, galvanised sheets, electrical sheets, structural steel, railway products, stainless steel and other alloy steels.
Sail operates five integrated steel plants and three special steel plants, as well as its own iron-ore, dolomite and limestone mines. In fact, it is India’s second-largest iron-ore-miner and has what it calls “the country’s second-largest mines network”. Sail also has its own Research and Development Centre for Iron and Steel.
Although formally established in 1973, Sail can trace its beginnings back to 1960 and to the establishment of the Alloy Steels plant at Durgapur, in West Bengal.
The group is currently carrying out a modernisation and expansion programme. This will see production of hot metal increase from the 2006/7 level of 14,6-million tons per year (Mtpa) to 23,5 Mtpa by 2012 and thereafter to 26,2 Mpta; the production of crude steel rise from 13,5 Mpta (2006/7) to 21,4 Mpta (2012) and then to 24,6 Mpta; and the production of ‘saleable steel’ go up from 12,6 Mpta (2006/7) to 20,2 Mpta (2012) and then to 23,1 Mpta.
Modernisation will result in Sail producing all its steel using blast oyxgen furnaces, installing auxiliary fuel injection systems in all blast furnaces, processing all its steel by continuous casting, adding value by reducing the production of semi- finished steel, installing the latest computerised and automated process control systems and implementing online testing and quality control.
Source: Mining Weekly
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Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
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- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- The University of Queensland
- Mercator Lines Limited - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
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