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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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Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
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- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
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- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
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- SMG Consultants - Indonesia
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- Planning Commission, India
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- Economic Council, Georgia
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- Australian Coal Association
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- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
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- Mercator Lines Limited - India
- PTC India Limited - India
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- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
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- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- The University of Queensland
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
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