We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
 A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a fully owned subsidiary of Trimex — will commission Indonesia's first private rail project in early 2011, an MEC official told reporters yesterday.
"MEC Infra expects to commission the first cargo train in 2011 with the first phase of development expected to handle 32 million tonnes per annum capacity of coal.
"We have completed the land acquisition for the project and expect to sign the engineering procurement and commissioning (EPC) contract for the rail corridor by May this year," Madhu Koneru, executive vice-chairman of MEC Holdings told reporters.
MEC Infra obtained Indonesia's first private railway licence to develop a 130km integrated freight corridor between Muaran Wahau to the port Bengalon in Kalimantan province.
|
|
"MEC Infra expects to commission the first cargo train in 2011 with the first phase of development expected to handle 32 million tons per annum capacity of coal”
|
|
The rail project is developed as part of infrastructure development for a coal mining project undertaken by MEC Coal, a mining company jointly owned by RakiaRakia and MEC holdings.
MEC Coal is developing one of the largest green field coal mines in Asia, located in the East Kalimantan province of Indonesia.
In addition to exporting coal to India, China and the Middle East, the company is targeting to develop a domestic market for its coal output.
"We do not want to [be] purely dependent on exports. As part of our efforts to develop a captive market for our coal output we have tied up with National Aluminium Company of India to develop a 500,000 tonnes per annum capacity aluminium smelter near our mine," said Koneru.
MEC Coal will take 26 per cent equity stake in the $2 billion (Dh7.3 billion) smelter complex that will also include a 1,250 megawatt captive power plant.
As part of marketing the coal to its end users in India, MEC Coal is planning to enter equity swap deals with coal importers. Through these deals, MEC Coal proposed to take minority stakes in private sector coal based power producers in India while offering them minority stakes in MEC Coal.
Price stability
"This is an innovative structure we are introducing to bring price stability for coal over a long term. As stakeholders in both supply and demand side of coal business it should work to smoothen the impact of price fluctuations," he said.
MEC is negotiating a $1 billion financing of the infrastructure projects around the coal mine including the rail project with Infrastructure Leasing and Financial Services, an India-based infrastructure financing company.
In addition to coal mining and infrastructure development, MEC Holdings is exploring investments in the agriculture sector.
Source: Zawya
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
|
|
|
Showing 5976 to 5980 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
|
| |
| |
|
