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Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the flagship company of the Kolkata-based RPG group, is the latest to join the list of Indian companies scouting for coal mines overseas.
The company has already set a target of adding 6,000 MW of power generation by the end of the 12th Plan in 2017 and acquiring these mines will support and secure supply for the power generation project.
"We are looking for overseas coal assets mainly in Indonesia and South Africa. The due diligence is going on. We have not finalised as yet though we are discussing the matter," P Neogi, president of Integrated Coal Mining Ltd, an arm of CESC, told reporters on the sidelines of an industry conference on Tuesday.
Apart from having one mine in Asansol, CESC has recently also signed an agreement with an Australian company Resource Generation Ltd for the purchase of 37 million tonnes of coal over 20 years.
Presently, the company has an installed capacity of 1,225 MW and plans to add 6,000 MW more to it through its different projects in Haldia in West Bengal, Chandrapur in Maharashtra, Jharkhand and Orissa.
Neogi said: "The construction at Chandrapur, a 600 MW capacity plant, is already under way. We will soon start construction of the first phase of another 600 MW plant at Haldia. Apart from these, we plan to set up 1,000 MW capacity plant each in Jharkhand and Orissa."
He added that while land acquisition has been completed in Orissa, talks are on with the Jharkhand government on the same issue. Neogi said that the supply of coal from the South African mine is expected to begin from 2013 when the latter gets fully developed.
Source:Tehelka (BY Tuhin Dutta)
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Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless  ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Latin American Coal - Colombia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Australian Coal Association
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- The University of Queensland
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
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