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Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philippine conglomerate's president said on Wednesday.
It will be the second time that San Miguel has attempted to buy a stake in an Indonesian coal firm, after earlier talks to take a majority stake in the Southeast Asian country's top miner PT Bumi Resources fizzled out.
"Yes, in talks with Goldman," San Miguel president Ramon Ang told Reuters when asked if Southeast Asia's biggest food and beverage firm was among possible buyers of the stake up for sale in Adaro.
Ang declined to say how big a stake San Miguel plans to buy.
Goldman Sachs, Citigroup and hedge fund Farallon were looking to sell around 17 percent of Adaro Energy to strategic investors, sources told Reuters earlier this month.
The sale was expected after a lockup period ended in March for financial sponsors, which included the three financial groups, which had participated in Adaro's $1.3 billion initial public offering last year, analysts had said.
Goldman Sachs, with a 9.94 percent stake in Adaro, is coordinating the sale of the shares, one source with direct knowledge of the matter said two weeks ago.
Goldman Sachs was adviser to San Miguel in the Manila-based conglomerate's ambitious diversification plan, which resulted in San Miguel's purchase of 27 percent of utility Manila Electric Co last year, a planned telecommunications venture, and a pending purchase of majority of oil refiner Petron Corp.
San Miguel is diversifying away from its traditional food and beverage business to fuel future growth.
Analysts said investors may want to sell out of Adaro given the uncertainty over coal prices amid an economic downturn.
Source: http://in.reuters.com/article/innovationNews/idINTRE53S47R20090429?sp=true
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Monday, 15 June 09
POWER PLANT SUFFERS FROM COAL CRISIS - THE STATESMAN
The 3,000 mw NTPC-Kaniha power plant, the second biggest in the country, is facing an unprecedented coal crisis with stocks dipping to a low of only ...
Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
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Showing 6686 to 6690 news of total 6871 |
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- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- The University of Queensland
- Mercator Lines Limited - India
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
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