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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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- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
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