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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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Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- MS Steel International - UAE
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- White Energy Company Limited
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
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