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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee which has been set up by Coal India (CIL). This was in response to the global expressions of interest (EoIs) invited by CIL for striking alliances with overseas coal majors.
Eight proposals
During this week, companies including Peabody Energy, Massey Energy, First Coal, Murray Energy made their presentations this week while two companies Rio Tinto and Xtrata have sought time till the first week of January 2009, officials connected with the development said. “These proposals will now have to be analysed — it is a huge amount of information which will need processing,” sources said. Altogether about eight proposals have been received. The committee before which representatives of the companies made their proposals comprise five functional directors, two independent directors and the Chairman and Managing Director of the Central Mine Planning and Development Institute (CMPDIL), CIL’s design and consultancy subsidiary. Once the process of presentation and the subsequent evaluation is completed, the proposals based on some criteria will shape up and the entire matter will be put up before the board, officials said.
CIL had floated in September this year, global EoIs for striking strategic partnerships with coal companies in the U.S., Australia, Indonesia and South Africa. The companies which made their presentations were among those shortlisted from the 52 companies which had responded to the EoI.
One of the main objectives behind the CIL initiative is to enter into long-term sourcing contracts to import coal at prices which are lower than the international price from these joint ventures. India now imports about 59 million tonnes of thermal and coking coal annually to bridge the demand-supply gap.
Aside from trying to ramp up coal production by CIL, which now accounts for 85 per cent of the country’s output, several initiatives have been taken by the Government to increase the availability of coal. These include acquisition of coal assets by CIL as well as through International Coal Ventures, the joint venture of five public sector companies. However this would involve a gestation period.
Aim is to secure long-term sourcing contracts
Rio Tinto, Xtrata seek time till first week of Jan.
Source: The Hindu
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Wednesday, 13 January 10
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Minerals Council of Australia
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- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
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- Parliament of New Zealand
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- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
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- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
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- Indika Energy - Indonesia
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- Ministry of Transport, Egypt
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- ICICI Bank Limited - India
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- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
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- The Treasury - Australian Government
- London Commodity Brokers - England
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- Electricity Authority, New Zealand
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- Oldendorff Carriers - Singapore
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- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
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- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
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- Planning Commission, India
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- Electricity Generating Authority of Thailand
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- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
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- Parry Sugars Refinery, India
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- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
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- Lanco Infratech Ltd - India
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- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
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- Semirara Mining Corp, Philippines
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- Wood Mackenzie - Singapore
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- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
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- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
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- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
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- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Dalmia Cement Bharat India
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- Australian Coal Association
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
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- Sojitz Corporation - Japan
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