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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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Saturday, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India
...
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...
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 ...
Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...
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- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
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- Videocon Industries ltd - India
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- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
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- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
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- Indonesian Coal Mining Association
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- Chamber of Mines of South Africa
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- Aditya Birla Group - India
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- Formosa Plastics Group - Taiwan
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- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
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- Dalmia Cement Bharat India
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- Sojitz Corporation - Japan
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- Sarangani Energy Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
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- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- The University of Queensland
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
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- Economic Council, Georgia
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- Sical Logistics Limited - India
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- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
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