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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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Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
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- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- PTC India Limited - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Videocon Industries ltd - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
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