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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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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
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- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Parliament of New Zealand
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- PTC India Limited - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
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