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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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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
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- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
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