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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter and a coal-fired power plant in Indonesia.
The Indonesian government is said to have approved the Indian company's multi-million dollar investment project in the coal-rich East Kalimantan region, said media reports.
"We have projected an investment of around Rs1,500 crores (RM1.05 billion) a year in Indonesia, starting 2012-13.
"The investment will be made in tranches and the amount will go up in step with the progress of the project," A.K. Srivastava, Nalco chairman and managing director, was quoted by the Economic Times in Kolkata.
Nalco is planning to set up a 500,000 metric tonne smelter and a 1,250MW coal-fired power plant in East Kalimantan in the next 48 months.
Investment in the green field projects, to build both the plants, is estimated to cost Nalco nearly US$3 billion (RM10.5 billion).
The public sector unit, under India's Ministry of Mines, signed a MoU with the Indonesian government in January 2008 to initiate the project.
Nalco will collaborate with the United Arab Emirates' RAK Minerals & Metals to develop port facilities and rail corridor in Indonesia to transport the coal, said Srivastava.
The Orissa-based company produces nearly 400,000 metric tonnes of metal a year, making it the third largest aluminium maker in India
Source: Bernama (By P. Vijian)
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Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
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- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- White Energy Company Limited
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
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