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Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
 Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
This is parallel to the company's attempt to strike joint ventures with the Indonesian coal companies through global tender.
Coal India Ltd has proposed development of a coal block in Indonesia in joint venture with the country's State sector.
The proposal, aimed at forging co-operation in the coal sector between the two countries, was mooted at the India-Indonesia Working Group meeting held in Jakarta earlier this month.
The Indian delegation was headed by Mr Alok Perti, Additional Secretary, Ministry of Coal, who is also the Government nominee on the CIL board.
Sources told Business Line that during the meeting, the CIL chairman, Mr Partha S. Bhattacharyya, proposed that the State enterprises of both the countries should join hands in developing a coal block in Indonesia to identify the mutual strengths and weaknesses and define the course of cooperation. He had also requested the Indonesian Government to identify a block for the purpose.
“Apparently the proposal was appreciated by the Indonesian delegation. However, a decision is awaited,” a source said.
An agreement on the part of the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal. This is parallel to the company's attempt to strike joint ventures with the Indonesian coal companies through global tender.
The Indian coal major was previously awarded two exploratory blocks by the Mozambique Government as part of a bi-lateral concession agreement between the two countries.
Coal production flat
CIL is stressing on liquidating its huge pithead stocks during the current quarter rather than adding to it by increasing production. Pithead stocks witnessed a sharp rise in the fourth quarter of the last fiscal due to high production and low dispatch, allegedly caused by low availability of wagons.
“We have managed a sharp increase in supplies so far in the first quarter of 2010-11 by liquidating our stocks. Coal production will remain flat during the quarter as we have mobilised our production capacity in overburden removal in the opencast mines. This would help us in stepping up production in the following quarters at a faster rate than last year,” a company source said.
CIL is targeting a 7 per cent growth in production to 460 million tonnes in this fiscal.
Source: The Hindu Businessline (reported By:Pratim Ranjan Bose)
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Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
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- PTC India Limited - India
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- The University of Queensland
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
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