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Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of Essar Group said that South Africa is one of the world’s top coal exporters, and India is a growing export destination.
Mr Firdhose Coovadia Essar’s resident director for the Middle East and Africa told Reuters that “We have an expanding and growing power business in India which requires quite a bit of feedstock and we are trying to secure that feedstock from South Africa.”
He said that Essar was looking at securing 6 million tonnes each year to help meet demand in India, where the group has 25 year contracts with the Indian government. He added that “We need to fulfil those obligations and therefore require steady and competitively priced feedstock to meet our obligations.”
The firm is also looking at selling coal to the power generation market in South Africa and elsewhere on the continent.
Mr Coovadia said that certain South African coal mines had been identified as prospective targets and diligence studies were underway. He did not elaborate which mines were being considered.
Mr Coovadia further said that “We are largely driven by opportunity. Clearly we have a significant war chest for deployment and if the opportunity is right, we are not afraid of deploying capital.”
Essar which has coal mines in India, was also looking to source coal from Australia and Indonesia.
Source: Paguntaka
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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
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- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
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