We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
 Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium project in Indonesia in lieu of acquiring equity in coal mines in the island country.
"We are open to selling stake in the aluminium project to the firm, which offers us its coal mines. In return, we will acquire stake in the coal mine offered to us," Nalco Director Finance B L Bagra told PTI.
Nalco holds 76 per cent stake in the Indonesian project, while RAK Minerals & Metals Investments, a unit of RAK Investment Authority, holds 24 per cent.
"We will always maintain majority stake in the project," he added. The project comprises setting up of a five-lakh -tonne smelter and an integrated 1,250 MW power plant in Indonesia.
The company will import required alumina to run the smelter from its India operations. The company is looking for captive coal block to run the plant and had yesterday invited companies interested in selling coal mines.
Nalco is looking for a coal mine with an estimated reserves of 500 million tonnes and an annual production capacity of 10 million tonnes starting from 2014 for running the project.
There are about 200 coal mines in East Kalimantan province, where the project is proposed, Bagra said.
"Last day for submitting offers to our Expression of Interest is September 30, 2010. We plan to launch financial bids in October-November," he said.
Asked if Nalco's JV partner RAK Minerals could be a possible partner for coal supply to the project, Bagra said, "They are already developing coal deposits there. They can also submit proposal to us. At present, they are our potential partner in the aluminium project."
As per the agreement with Rak Minerals, the UAE-based company will set up infrastructure like railway and port in the island country to cater to the project.
The project was facing regulatory delays and was shifted from earlier proposed site in South Sumatra to East Kalimantan.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
|
|
|
Showing 5511 to 5515 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- The University of Queensland
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
|
| |
| |
|
