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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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Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding stee ...
Friday, 08 October 10
INVESTORS STILL RELUCTANT TO ENTER DOWNSTREAM INDUSTRIES - THE JAKARTA POST
The Jakarta Post reported that, mining companies are showing a low level of enthusiasm to enter the downstream industries, as required by the 2009 M ...
Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy
Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since the ...
Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the ca ...
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- Barasentosa Lestari - Indonesia
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- Semirara Mining Corp, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
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- Australian Commodity Traders Exchange
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- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
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- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
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- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
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- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Minerals Council of Australia
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- Global Coal Blending Company Limited - Australia
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- The University of Queensland
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- Jorong Barutama Greston.PT - Indonesia
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- Eastern Energy - Thailand
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- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
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- Central Java Power - Indonesia
- Edison Trading Spa - Italy
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- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- The Treasury - Australian Government
- Goldman Sachs - Singapore
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- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
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- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
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- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
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- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
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- GVK Power & Infra Limited - India
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- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Energy Link Ltd, New Zealand
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- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
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- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Cement Manufacturers Association - India
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- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Australian Coal Association
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
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- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
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- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
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- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
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- Alfred C Toepfer International GmbH - Germany
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- Neyveli Lignite Corporation Ltd, - India
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- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
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