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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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Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Australian Coal Association
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
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