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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, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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- Indika Energy - Indonesia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- The University of Queensland
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
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