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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
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Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
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Showing 5511 to 5515 news of total 6871 |
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- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Australian Coal Association
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Planning Commission, India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
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