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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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Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct.
The BDI and Cape Size index was down ...
Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...
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- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- White Energy Company Limited
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
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