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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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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Ind-Barath Power Infra Limited - India
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- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
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- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
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- Neyveli Lignite Corporation Ltd, - India
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- Parry Sugars Refinery, India
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- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- PTC India Limited - India
- Minerals Council of Australia
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- Banpu Public Company Limited - Thailand
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- Larsen & Toubro Limited - India
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- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
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- Ceylon Electricity Board - Sri Lanka
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- San Jose City I Power Corp, Philippines
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- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Parliament of New Zealand
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- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
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- Bayan Resources Tbk. - Indonesia
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- Edison Trading Spa - Italy
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- New Zealand Coal & Carbon
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- Attock Cement Pakistan Limited
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- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
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- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
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- Oldendorff Carriers - Singapore
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- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Planning Commission, India
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- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
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- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
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- CIMB Investment Bank - Malaysia
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- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- White Energy Company Limited
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- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
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- Chamber of Mines of South Africa
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- Price Waterhouse Coopers - Russia
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- Dalmia Cement Bharat India
- The University of Queensland
- Eastern Energy - Thailand
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