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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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Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...
Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...
Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...
Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...
Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...
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- Economic Council, Georgia
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
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