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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, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
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- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
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- Formosa Plastics Group - Taiwan
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- GMR Energy Limited - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
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- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
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- LBH Netherlands Bv - Netherlands
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- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
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- Bhoruka Overseas - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
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- Romanian Commodities Exchange
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- The University of Queensland
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- Independent Power Producers Association of India
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- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Australian Coal Association
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- Karbindo Abesyapradhi - Indoneisa
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- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
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- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
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- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
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- Kideco Jaya Agung - Indonesia
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- Energy Link Ltd, New Zealand
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- Thai Mozambique Logistica
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- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
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- White Energy Company Limited
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- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
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- Electricity Authority, New Zealand
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- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
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- Indian Energy Exchange, India
- PTC India Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
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- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
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- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
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- MS Steel International - UAE
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- Kumho Petrochemical, South Korea
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