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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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Thursday, 10 February 11
SUPRA RATES IMPROVED A LITTLE OVER US$ 6K BSS N. CHINA DELIVERY FOR INDO-INDIA AND THAILAND ROUNDS - FEARNBULK
Handy
Atl is still weak with little fresh enquiry and an accumulation of spot tonnage.Owners are reluctant to send tonnage thru Suez due to uncert ...
Thursday, 10 February 11
BUKIT ASAM EXPECTS ABOVE RP 3 TRIO PROFIT
The state-owned coal miner PT Tambang Bukit Asam Tbk (PTBA) expects to reach 2011's net profit above Rp 3 trillion (US$ 336,322,568) from above Rp2 ...
Wednesday, 09 February 11
INDONESIA ALLOWED 60 COAL TRADING COMPANIES TO EXPORT COAL
COALspot.com - A temporary ban imposed on coal traders in January has lifted this week. As of today 60coal trading companies were allowed to resume ...
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 fro ...
Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
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- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Economic Council, Georgia
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
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