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Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company is taking the mine on a develop, operate and market model.
Speaking to reporters after announcing the results here on Wednesday, vice chairman and managing director N Srinivasan said the company would sign the agreement in two weeks. The mine would be for captive purpose.
Initially, it would produce 40,000-50,000 tonne a month and this would be ramped up to 100,000 tonne after one year. The company’s present requirement is around 800,000 tonne of coal per annum for cement alone. This is likely to go up by another 400,000 tons in two-three years when its greenfield plant in Rajasthan and other expansion plans are complete. The company imports around 600,000 tonne of coal every year, he said.
Speaking about the power business, Srinivasan said the company had identified ThyssenKrupp as an EPC (engineering, procurement and construction) partner for the two projects coming up in Tamil Nadu and Andhra Pradesh. The first project is expected to go on stream by March 2011 and second by September 2011. The two projects, with a capacity of 50 mega watt each, involve a cost of around Rs 500 crore (US$ 105,942,333) - 1 USD = 47.1955 INR
Source: Business-Standard
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Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
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- London Commodity Brokers - England
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Latin American Coal - Colombia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Australian Coal Association
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
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