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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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Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
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- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
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