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Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Indonesia for the purpose.
"We are looking for coal blocks abroad and have shortlisted mines in Australia and Indonesia where the fuel is available in abundance," CMD Power Trading Corp T N Thakur told reporters here.
"Ideally, if we can have (acquire) an asset that can give us 15 million tonnes of coal every year," he added. However, he declined to give further details.
"Whether the company would acquire the mines on its own or through its wholly-owned subsidiary PTC Energy Ltd, will be decided later," Thakur said.
The company plans to import the dry fuel from the properties it may acquire abroad and sell it in India.
PTC has already committed 1.5 million tonnes of coal annually to two power projects with a capacity of 250 MW, in the country for the next 25 years.
The company has received request for supplying coal to power projects with nearly 5,000 MW capacity.
"We have requests from 5,000 MW power projects but we have not committed anything as of now... We want to buy the properties overseas to meet that kind of demand," he said. PTI
Source:http://www.ptinews.com/pti%5Cptisite.nsf/0/72A3CA693BE8FBE2652575CF003B2892?OpenDocument
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Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...
Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
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- OPG Power Generation Pvt Ltd - India
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- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
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- Goldman Sachs - Singapore
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- The Treasury - Australian Government
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- Samtan Co., Ltd - South Korea
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- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
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- White Energy Company Limited
- Economic Council, Georgia
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- MS Steel International - UAE
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- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
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- Essar Steel Hazira Ltd - India
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- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
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- The University of Queensland
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- Billiton Holdings Pty Ltd - Australia
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- Sree Jayajothi Cements Limited - India
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- Thiess Contractors Indonesia
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- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
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- Bharathi Cement Corporation - India
- Posco Energy - South Korea
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- Australian Coal Association
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- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
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- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
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