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Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja told PTI.
Binani Cement, which has 6 million tonnes installed capacity now, needs to import 6-7 lakh tonnes of coal to feed its plants in a year.
The company also plans to put up a 2.5 million tonnes per annum clicker plant in Gujarat with an investment of Rs 800 crore and is awaiting for the state government's mining policy to take the plan forward.
Juneja said the company was looking to acquire a mine, which might meet 70-80 per cent of its total coal demand for 10-20 years.
Binani Cement plans to put up a subsidiary in Singapore which would take the company's acquisition plan forward, he said.
Juneja said the company has chalked out a plan to double its cement capacity in the next two years through organic and inorganic routes.
"We are looking for acquisition. We have appointed an investment banker which is doing the due diligence for a target in Turkey," Juneja said, declining to give further details.
Juneja said the Indian cement industry may is witness margins getting squeezed if the coal and energy prices go up further.
"Margins till September has improved, but it will come down if coal and energy prices escalate. However, if petroleum prices go up, coal prices will also increase."
Binani's current capacity utilisation stood at 95 per cent, he said and hoped the company would be able to maintain the tempo in the remaining period of the current fiscal as the demand for cement from North India would remain firm till the end of the Commonwealth Games in October next year.
Source: Business-Standard
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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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- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Planning Commission, India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
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