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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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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 ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
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