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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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Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
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- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Australian Coal Association
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- White Energy Company Limited
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
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