We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around Rs 100 crore for over 50% stake in the domestic oil and gas exploration and exploitation firm.
Live Mint reported that, Film producing company K Sera Sera Productions on Sunday said it will acquire majority stakes in a domestic oil and gas firm and a coal mine in Indonesia for over Rs. 325 crore (US$ 72,399,199) before the end of this fiscal.
“We are at advanced stages for acquiring majority stakes in a coal mine in Indonesia and an oil and gas exploration and exploitation within India. The acquisitions will be completed before the end of the current fiscal,” K Sera Sera Productions chief executive officer Sanjay Gupta told PTI.
Gupta said that the company might have to dole out around Rs. 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around Rs. 100 crore (US$ 22,276,676) for over 50% stake in the domestic oil and gas exploration and exploitation firm.
The coal mine in Indonesia has an expected reserve of 200 million tonnes, which could be mined over a period of 20 years aimed at the international market, he said.
Gupta declined to divulge much details about the domestic entity, but said that the firm is currently doing the job for state-owned Oil and Natural Gas Corporation (ONGC).
K Sera Sera would fund the proposed stakes acquisitions through internal accruals and borrowing from banks and “other” sources.
“Our entry into these verticals are aimed at de-risking ourselves from our existing businesses and seizing the growing opportunities in the fast changing world,” Gupta said.
K Sera Sera Productions had earlier this month acquired five per cent stake in Australia’s Citi Gold Corporation for nearly $6 million from the open market through subsidiary K Sera Sera Holdings.
Citi Gold has a gold resource of 10 million ounce (310 tonnes) and has a market capitalisation of over $113 million. (1 USD = 44.8900 INR - www.xe.com)
Source: Live Mint
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless  ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
|
|
|
Showing 5471 to 5475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Bhatia International Limited - India
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
|
| |
| |
|