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Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, though it would be a while before a deal can be inked.
“We are talking to them (MEC). The valuations are still to be worked out. But our talking to them does not mean we will close the deal. It all depends on valuations and pricing. We can’t set a timeframe for the talks yet,” Isaac George, GVK’s CFO said.
MEC Coal, a joint venture between MEC (Mineral. Energy. Commodities) and the Emirati government of Ras Al Khaima, is developing significantly large coal mines in Asia.
When asked about talk of a deal valuation in the range of $700 million to $1 billion, he said: “I don’t know where these numbers are coming from. We are yet to reach that stage of putting a number to it.”
GVK has been scouting for coal mines for sometime now. However, it is still not known whether the infrastructure company would operate the mines on its own or use the coal for its power projects.
The company is also said to be among as many as 16 companies in the race to pick up stake in Australia-based Griffin Coal Mining. GVK currently operates three power plants with a total capacity of about 900 mw and is in the process of developing two power plants of 540 mw each.
While the existing capacities are based on gas, the new capacities are coal-based.
Source: DNA India
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Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...
Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...
Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...
Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum for power plants at Toranagallu and Jaigad.
Accordign to JSWE's websit ...
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- GMR Energy Limited - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- PTC India Limited - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- The University of Queensland
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
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