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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, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
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 co ...
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- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
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