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Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion aluminium project in that country by January 2011, NALCO Director (Finance) B L Bagra said on Saturday.
The Bhubaneswar-headquartered company had floated tender last month.
Bagra said four bids were received from Indonesian coal firms for the tender and it will take at least one month for the company to evaluate them.
The company will then examine the technical and commercial feasibility.
"By the next four months, we should be finalising the deal," Bagra told IANS.
NALCO had received the expression of interests from the companies like Middle East Coal (MEC), Bumi Murau Coal, Energy Indonesia and Pram Dwi Jaya, he said.
NALCO has already been accorded foreign investment approval by the Indonesian government to set up a 0.5 million tonnes aluminium smelter and a 1,250 MW coal-based thermal captive power plant in East Kalimantan province of that country.
Bagra said NALCO had invited bids from competent coal miners or concession holders for coal reserves in East Kalimantan province having coal mines in close proximity to seaport and fresh water source and infrastructure.
NALCO, Asia's largest integrated aluminium producer, would import alumina of one million tonnes per annum from its facilities in India in bulk shipment through sea route, he said.
The company, however, requires eight to 10 million tonnes annually of thermal grade coal, about half of which will serve its East Kalimantan project and the rest will meet its energy requirement elsewhere.
Bagra said NALCO has already opened an office in Jakarta, the capital of Indonesia, to expedite the project activities.
It has set an ambitious target of achieving an annual turnover of Rs 25,000 crore by 2020, giving major thrust to diversification and capacity expansion.
The company has decided to venture into new fields of activities beyond aluminium by setting up at least two numbers of diversified projects by 2016.
Source: HindustanTimes
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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
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- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
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- Straits Asia Resources Limited - Singapore
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- Georgia Ports Authority, United States
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- Kumho Petrochemical, South Korea
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- Global Green Power PLC Corporation, Philippines
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- Trasteel International SA, Italy
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- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
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- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Interocean Group of Companies - India
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- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
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- PTC India Limited - India
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- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
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- Ceylon Electricity Board - Sri Lanka
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- Makarim & Taira - Indonesia
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- Siam City Cement PLC, Thailand
- The University of Queensland
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
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- Bayan Resources Tbk. - Indonesia
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- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
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- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Central Java Power - Indonesia
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- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
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- Electricity Generating Authority of Thailand
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- Cement Manufacturers Association - India
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- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
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- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
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- Global Coal Blending Company Limited - Australia
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- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
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- Parliament of New Zealand
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
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