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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, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
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- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
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