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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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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- CNBM International Corporation - China
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
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