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Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate unit that will offer consultancy and mining services to companies which have been allotted captive mines.
The public sector firm is in talks with BEML (formerly Bharat Earth Movers), another public sector undertaking, to form a joint venture to offer the services.
The government has so far allocated 198 captive coal blocks with estimated reserves of over 42 billion tonnes to various public and private sector companies. NTPC and BEML is planning to exploit this opportunity as most of these companies have no experience in coal mining.
“BEML has proposed a 50:50 joint venture with NTPC for starting contract coal mining operations. The company is examining the proposal and will finalise it after taking approval of its board,” said an official in the power ministry, who asked not to be named.
NTPC and BEML had signed a MoU in February 2007 for a long-term strategic and business partnership under which BEML provides its range of mining equipment, spares and services for NTPC’s coal mining operations. The proposed joint venture will take this relationship forward by creating a new entity engaged in contract coal mining.
BEML has moved ahead from being an equipment manufacturer and has forayed into contract mining business as part of its forward integration programme. In fact, it has associated with Indonesian Coal company Sumber Mitra Jaya (SMJ) as a business partner for contract mining.
Earlier, in a letter to NTPC chairman RS Sharma, BEML chairman and managing director VRS Natarajan has emphasised the need of the joint venture either in 51:49 ratio or 50:50 ratio to tide over an existing coal shortage. He also suggested that the new venture could look at contract mining of coal blocks allocated to NTPC apart from other entities and also apply for new coal blocks.
Of the 198 captive coal blocks allocated by the government so far, 22 have gone to Central government undertakings, 78 to state government undertakings and another 98 to private sector companies. All these would provide business opportunity for the proposed venture. It would also help to check imports of coal that has reached around 50 million tonne annually. NTPC alone plans to import 12.5 million tonne coal in 2009-10.
Source: http://economictimes.indiatimes.com/News/News-By-Industry/NTPC-to-delve-into-contract-mining/articleshow/4437300.cms
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Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...
Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Economic Council, Georgia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
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