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.
|
|
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
|
|
|
Showing 6021 to 6025 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- The University of Queensland
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Planning Commission, India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
|
| |
| |
|
