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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, 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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- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
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