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Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the state-owned aluminium major Nalco has shelved its proposed project in South Africa, and has put on hold the one in Iran.
Nalco had planned a Rs 17,000-crore (US$ 3.681 billions) project in South Africa to set up a 5-lakh (0.5 million) tonne aluminium smelter plant and a 1,250-MW power plant. However, both these projects have been abandoned now as the company has found that there is no sufficient coal in the offered reserves to feed the ventures, Nalco Director Finance B L Bagra told PTI.
"We could not get coal resource as required to run the captive power plant which was to feed the smelter project. The authorities there had offered some blocks, but it was not sufficient to meet our requirement," Bagra explained.
The Nalco official has also informed that the company has put on hold the Rs 10,000-crore (US$ 2.165 billions) Iranian project, which involved setting up a 3.3-lakh (0.33 million) tonne aluminium smelter plant and an 800-MW power station, as the company has so far been unable to tie up funds for the project.
"In Iran, we are still not able to tie up funds for the project. The project, thus, is currently on hold," Bagra said, adding, however, that the company is still in the process of securing finances for the project. But did not name the prospective lenders with whom the firm is in talks.
Meanwhile, Nalco said it is going ahead with its Rs 17,000 (US$ 3.681 billions) - project in Indonesia to set up 5-lakh (0.5 million) tonne aluminium smelter and 1,250-MW power plant. (1 USD = 46.1800 INR)
Source: The Economic Times
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Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
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- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Aditya Birla Group - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
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