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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, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
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- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Planning Commission, India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- PTC India Limited - India
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
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