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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, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
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