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Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique being developed by Australia’s Riversdale Mining Ltd.
“Tata Power is one of the many interested Indian off- takers for our thermal product,” Riversdale Managing Director Steve Mallyon said in a statement e-mailed through the company’s external public-relations agency. “There is also growing interest from a number of Indian cement producers because of the product’s energy content.”
Tata Power, which said yesterday net profit fell 28 percent, is looking for new sources of fuel as Indian utilities plan to double generation capacity in the next seven years. The company paid $1.3 billion in March 2007 to buy stakes in two Indonesian coal mines owned by PT Bumi Resources.
The Indonesian stake agreement entitled Tata Power to purchase 10 million metric tons of coal, securing supplies of the fuel for its Indian power plants. Tata Power has an installed capacity of 2,785 megawatts, according to its Web site, and the utility is building a 4,000-megawatt power plant at Mundra in western India.
Riversdale and Tata Steel Ltd., India’s biggest producer of the metal, approved development of a $270 million coal mine in Mozambique with first production scheduled for next year.
Production in the first stage of the Benga project will be an estimated 1.7 million metric tons of coking coal and 300,000 tons of thermal coal for export, Sydney-based Riversdale said in a statement to the Australian stock exchange on Oct. 28.
The venture is considering a second-stage expansion by 2014 to boost output to 3.3 million tons of coking coal, used in steelmaking, and 2 million tons of thermal coal, used by power stations, Riversdale said in the statement. Tata Steel owns 15 percent of Riversdale.
Source:Bloomberg
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Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...
Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
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- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- ASAPP Information Group - India
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