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Tuesday, 08 February 11
INDIA'S SIMHAPURU TARGETS S.AFRICAN COAL - ECONOMIC TIMES
 Economic Times reported that, India's Simhapuri Energy , a unit of the Madhucon Group , wants to buy new or existing collieries in South Africa from where it aimed to export a minimum of 5 million tonnes within five years, an official said on Tuesday.
ET furhter reported that, Indian companies are buying coal assets in top five global exporter South Africa as it moves to secure resources for a growing economy and to feed coal into new power plants.
"We want to invest in coal and are looking at some acquisitions. From South Africa we are targeting a minimum of five milion tonnes of coal for export within five years," Nama Krishnaiah, director of Simhapuri Energy, told Reuters on the sidelines of an African mining conference.
Displacing Europe, India and China are emerging as the two main destinations for coal from South Africa, which last year shipped some 63 million tonnes of thermal coal.
Maducon Group has interests in the construction, coal and sugar industries, with Madhucon Projects listed in Bombay.
Krishnaiah said the company, which recently opened offices in Johannesburg, was in discussions with unnamed junior miners, as well as applying directly to the Department of Mineral Resources for mining licenses.
"At this moment we are targeting some brownfield projects that have mining licenses, but we are looking at greenfield (developments) also," said Krishnaiah, adding that Zimbabwe's coal fields were also attractive.
He said the company, which was developing a 1,920 megawatt power plant near India's Krishnapatnam port, was financially strong and had capital to purchase coals assets.
The company already owns coal mines in Indonesia.
Source: Economic Times
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Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
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- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- The University of Queensland
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Australian Coal Association
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
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