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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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Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
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- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
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