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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, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...
Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...
Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...
Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. ...
Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
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- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Parliament of New Zealand
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
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