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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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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
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- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
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