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Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
 NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based CIC Energy for about $411.2 million.
JSW would acquire all the shares of CIC Energy at a price of Canadian dollar (CAD) 7.42 per share, amounting to a total consideration of approximately CAD 422 million ($411.2 million), the company said in a late night release.
JSW Energy is the independent power arm of the JSW Group. It has operational capacity of 1,430 mega watt. In addition, 1,710 mega watt of generating capacity is in an advanced stage of completion. The company is targetting an aggregate generation capacity of 12,070 mega watt by 2015-16.
The acquisition will enable JSW to not only secure the long-term coal requirement for its existing projects but will also be able to accelerate the capacity expansion for its imported coal-based projects," JSW Energy Joint Managing Director and CEO L K Gupta said in the release.
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"CIC has approximately 2.6 billion tonnes of measured coal resources in the Mmamabula region of Botswana in southern Africa ...The reserves have good quality thermal coal with low sulphur that is adequate to meet all the project requirements of JSW Energy," JSW Chairman Sajjan Jindal said.
The reserves can be exploited with an explorable surplus of up to 20 million tonnes per annum over the next 40 years. The reserves can also meet the requirement to set up power plants in Botswana with a capacity of up to 2,000 MW, JSW Energy Vice chairman N K Jain said.
CIC is planning Mmamabula Energy Complex to develop coal mines for export, setting up power plants and conversion of coal to hydrocarbon, the statement said.
The company also said that coal production from the acquired fields is expected to begin over the next three-five years.
The acquisition is done through a subsidiary of JSW Energy. The deal is subject to regulatory approvals and completion of due diligence. The deal, JSW Energy said, is expected to be completed by the last quarter of the current financial year ending March 31, 2011.
Source: NDTV Profit
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Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
Saturday, 13 November 10
INDONESIA SHIPPED 8.73 % MORE COAL IN OCTOBER THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23.55 mln mt of coal in October 2010, which is 8.73 percent more compared to Septe ...
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Showing 5526 to 5530 news of total 6871 |
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- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
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