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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
 Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company official said. "We are interested in having a JV with Coal India... The matter is under discussion, we have exchanged some notes," Shipping Corporation of India (SCI) Chairman and Managing Director S Hajra told PTI.
Talking about the equity structure of the proposed JV, Hajra said, "Most likely it will be like the SAIL model, where we have got a 50:50 JV." SCI recently reached a joint venture agreement with the country's largest steel-maker, SAIL, for the import of coking coal and is holding discussions with ONGC for offshore activities.
The JV, which is expected to be formed by the end of this fiscal, would ensure supply logistics and delivery of imported coal from the source of import to consumers, a senior official of Coal India (CIL) said on the condition of anonymity.
The joint venture is likely to be managed by the Shipping Corporation, as it has the domain expertise in the field and will also be allowed to make the most of the increasing opportunity to ship imported coal to India, the official added.
In addition, the official said the proposed JV may also be allowed to look for more business opportunities in the area of coal supply logistics and could also own its vessels, once a critical volume is achieved.
Coal India, whose initial public offer (IPO) will hit the capital markets on October 18 this year, plans to import 6 million thermal tonnes of coals in 2010-11, based on firm orders placed by companies like NTPC.
While the world's largest coal producer has a presence in Mozambique, it is learnt to have shortlisted US-based Peabody Energy and 11 others as possible partners for sourcing coal to meet growing domestic demand.
Source: PTI
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Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
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- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Economic Council, Georgia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
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