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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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Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
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- Minerals Council of Australia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Chamber of Mines of South Africa
- PTC India Limited - India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
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