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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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Thursday, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy
The Atlantic markets remain flat and lackluster. High volume of tonnage availabi ...
Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...
Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...
Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points.
The feast/SE Asia ...
Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY
The Atlantic markets remain flat and lackluster. The expectations that the grain ...
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- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Planning Commission, India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
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