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Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (IPO) with Úøad na ochranu hospodáøské soutìe (ÚOHS, Office for the Protection of Competition). Since also the ÈEZ and Dalkia groups are participating in the acquisition of control over IPO in addition to J&T, the European Commission is competent to assess this merger by the European legislation’s turnover criteria rather than ÚOHS.
“It is no longer possible to ignore the tide of oligopoly power sweeping over the Czech energy market, which, moreover, is backed by the State as the majority owner of dominant ÈEZ,” says Petr Pudil, Czech Coal a.s. Chairman and CEO. “The above groups’ jointly taken steps are capable of deepening the imbalance on the market of electrical energy generation and on the brown coal market even further,” explains Petr Pudil. According to Czech Coal’s analysis, the merger poses threat to competition on the relevant markets and also to the consumers’ interests on the domestic as well as European scale.
The Czech Coal Group includes Czech Coal a.s., a trader in energy commodities, mainly brown coal, electrical energy and greenhouse gas emissions allowances, and Litvínovská uhelná a.s., which holds the largest volume of coal reserves in the Czech Republic, Vršanská uhelná a.s., whose coal reserves within the mining limits will last until 2058, Czech Coal Services, a.s., which provides shared service to the extraction companies, and a number of other service companies. REN Power CZ, a.s., a leading Czech investor in renewable energy sources, was included into the Group this year.
Contact: Libìna Novotná Spokesperson Czech Coal a.s. Tel.: +420 476 203 140 GSM: +420 602 230 795 l.novotna@czechcoal.cz www.czechcoal.cz
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Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
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