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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
 DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The coal majors are Rio Tinto and US coal producer, Peabody Energy.
The Union coal minister, Sri Prakash Jaiswal said, “The CEO had come from the US for a meeting on Tuesday and an Indian delegations will fly to there by May-end for further negotiations.”
DNA Money was the first to break the story that CIL has hired RBS and other bankers for evaluating the coal companies.
Jaiswal added, “The deal has to meet our expectations. We want to bring in the latest technology, increase coal production, latest mining equipment and coal property purchase.”
The minister further said that CIL would be taken to the capital market in August-September and he expects it to be the biggest disinvestment from the government’s table.
The coal ministry is expecting a gap of 70 million tonnes, which it expects to import in the 12th five-year plan.
For the 11th Plan, the Planning Commission had a requirement of 604 million tonne, of which, CIL is able to produce 534 million tonne. The coal production for this year is up by 8%.
The minister also said that coal mining licenses, for all those companies who have not started mining in allotted mines, would be revoked.
Jaiswal said, “We have allocated 208 coal blocks in last three-four years and only 25 have been developed as per our survey. We had given it to private players thinking they would start mining fast, which is not the case. They are showing mines as property, so we have issued notices and are awaiting their responses. We will cancel the mine allocations if we find the reasons unjustified and false.”
Source: DNA ( By Pooja Sarkar & Shubhashish / DNA)
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Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
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- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Goldman Sachs - Singapore
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