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Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indonesian coal company for USD 8.75 million, as quoted by PTI.
"We have completed the acquisition (70percent of the Indonesian coal firm) and we hope to start operations there in late 2012,"IMFA Managing Director Subhrakant Panda told PTI. While declining to name the acquired company, he added that IMFA is yet to carry out a detailed assessment of its reserves and required infrastructure to sustain operations there.
"It has a coal mine in East Kalimantan district of Indonesia but it is not possible for me to tell you the name, its reserves or the proposed investment right now. We are yet to do a detailed assessment,"Panda said.
The acquisition has been made through IMFA's Singapore based subsidiary, Ind Met Mining Pte Ltd and the detailed assessment will be completed in 6 to 8 months, he further said. The IMFA, which has 108 MW captive power generation capacity, also has plans to expand it to 258 MW by March, 2012.
The company is also developing a captive coal block with 123 million tonnes of mineable reserves through a special purpose vehicle, Utkal Coal.
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Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
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- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Planning Commission, India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
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