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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
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...
Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...
Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...
Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...
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- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
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- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
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