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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.
The company is seeking mines in nations including Australia and South Africa, Managing Director Sajjan Jindal said in an interview in Mumbai. JSW Steel plans to secure half of its coal requirement overseas, he said.
JSW Steel is looking at new locations after failing to find coking coal at its exploration project in Mozambique. Prices of steelmaking materials including coking coal and iron ore surged in the past five years because of rising demand from China, the biggest producer of steel.
The company plans to raise capacity by more than a third to 10 million metric tons at its Vijayanagar plant in South India by 2011, Jindal said. Following the expansion, it aims to build a mill in the eastern state of West Bengal with an initial capacity of 3 million tons, he said.
source: Bloomberg
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Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
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- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
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