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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provider, a statement released by CIL said.
KPMG has identified six key areas that will support CIL to realise its vision, including managing scale of growth, improving operational efficiency, improving customer orientation, expanding presence across the coal value chain, becoming the employer of choice and focusing on environment and community through sustainable initiatives.
A time frame of 18 months has been fixed for this initiative, including a year of implementation, during which the roadmap for improvement will be laid out.
Currently, the Navratna coal mining major produces 82% of overall coal output of the country and meets 45% of the country’s primary commercial energy needs. According to the statement, land acquisition is one of the road blocks hampering CIL’s production rate and thus the growth potential. The fair price of land to be acquired and the compensation thereof has emerged as a major issue between CIL and tenancy land owners.
Secondly, the company is also facing difficulty in hiring for statutory positions and certain niche skills. Thirdly, there is a mismatch between evacuation requirements of CIL vis-à-vis the resources availability for dispatch; particularly through rail transportation.Also, current production is skewed towards open cast mining, consequently there is scope to increase output through adoption of new technologies in underground mines.
Source: DNA India
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Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
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