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.
|
|
Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
|
|
|
Showing 5561 to 5565 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- The University of Queensland
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
|
| |
| |
|
