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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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Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- PTC India Limited - India
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Siam City Cement - Thailand
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