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Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines in the island-nation, a top company official said.
Indonesian conglomerate Sinar Mas Group has interests in coal mining, logging and wood-pulp production and palm oil plantations.
Besides, the fourth-largest coal firm in the US, Massey Energy is also negotiating with Coal India for sale of some of its assets.
“Talks are narrowing down with Indonesia’s Sinar Mas and also with US-based Massey Energy Company for acquiring coal assets in their respective countries,” CMD Coal India Partha S Bhattacharyya told reporters at a SCOPE event in New Delhi on Wednesday.
However, he declined to provide further details about the negotiations.
The Indian coal miner, who has earmarked Rs 6,000 crore this fiscal for acquisition of coal mines abroad, is also in advanced talks to buy 10 percent stake in the US-based Peabody Energy Corp’s asset in Australia.
Peabody is believed to have offered the state-run coal major 10 percent equity in one of their coal producing mines in Australia.
Meanwhile, private infrastructure company Lanco Infratech on Wednesday announced its agreement with Australian firm Griffin Energy Group.
Lanco Infratech Ltd, through its Australian subsidiary Lanco Resources Australia Pty Ltd, has concluded an agreement with Griffin Energy Group Pty Ltd and Carpenter Mine Management Holdings Pty Ltd to purchase 100 percent shares of Griffin Coal Mining Company Pty Ltd and Carpenter Mine Management Pty Ltd (Griffin Coal).
Coal India, NTPC and other state-run companies are actively scouting for coal mines abroad to secure their raw material supply.
This is besides the government having floated a special purpose vehicle, International Coal Ventures Ltd (ICVL), with NTPC, SAIL, Coal India among others as members for acquiring coal mines abroad.
Source: APNNews
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Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
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 R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
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