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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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Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
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 p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
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- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
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