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Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
 Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
"Coal India (LTD) has been asked to look at opportunities overseas.....from where coal can be brought and agreements made," Coal Minister Sriprakash Jaiswal told reporters on the sidelines of national consultation on MPLADS.
Coal India, and several other state-run companies are actively scouting for coal mines abroad to secure their raw material supply.
The government has also floated a special purpose vehicle, International Coal Ventures Ltd (ICVL), with Coal India NTPC, SAIL, among others, as members for acquiring coal mines abroad.
Last week, Coal India Ltd (CIL) had said that it was in talks with Indonesia's Sinar Mas Group for acquiring coal mines in that country.
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 was also negotiating with CIL for sale of some of its assets.
The Indian coal miner, which has earmarked Rs 6,000 crore this fiscal for acquisition of coal mines abroad, is also in advanced talks to acquire a stake in the US-based Peabody Energy Corp's asset in Australia.
Peabody is believed to have offered the state-run coal major 10 per cent equity in one of their coal producing mines in Australia.
At present, the demand-supply gap of coal in the country is around 80 million tonnes, which is projected to double in the next few years.
The country had a coal output of about 532 million tonnes in the last fiscal with CIL producing 431.5 MT of this.
CIL accounts for over 85 per cent of the domestic production in the country.
The state-owned company saw coal production of 253.26 million tonnes by November 15 last month (of the current financial year) compared to 245.89 million tonnes in the corresponding period of previous fiscal.
It hopes to achieve 460.5 million tonnes production target for the current fiscal.
Source: Economic Times
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Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- PTC India Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- The University of Queensland
- Australian Coal Association
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
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