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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, 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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- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- The University of Queensland
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
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