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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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Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
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- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Australian Coal Association
- Aditya Birla Group - India
- PTC India Limited - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Eastern Energy - Thailand
- White Energy Company Limited
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
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