We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
 National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
and policy hurdles in those countries.
The policies of the Indonesian government and a volatile political situation in Iran are keeping the aluminium major from setting up its plants entailing an estimated investment of over Rs 20,000 crore (about US$ 4.166 Billion) , NALCO CMD C R Pradhan told PTI during his recent visit to Kolkata.
Though, the Indonesian law does not allow foreign companies to have a stake in mineral exploration, the NALCO project would be developed in a joint venture with a local partner who will have the control of the rights of coal and bauxite mines, he said.
The company would go ahead with the project, which would require at least Rs 10,000 crore (US$ 2.083 Billion) investment each, only after there is assurance of the right of some control on the minerals, Pradhan said.
The navratna company would be the majority shareholder and will control the management of the projects, Pradhan said.
Last year, NALCO had inked an agreement with the government of Indonesia for setting up a 5-lakh-tonne aluminium smelter and a 1,250 MW captive power unit at an investment of about Rs 17,000 crore (US$ 3.541 Billion).
In Iran, NALCO has plans to set up a 3.30-lakh (0.33 million) tonne smelter in a joint venture with the Iranian firm ALPHA at an investment of Rs 10,000 crore. But, the company seeks a better political climate before it submits the project plan to the Iranian government for approval.
It also plans to set up an aluminium smelter in South Africa, but the project is in nascent stage.
NALCO was aiming to ramp up its production capacity to 2.10 lakh tonnes (0.21 million) per annum for the current fiscal. In 2010-11, the capacity would be scaled up to 2.60 lakh (0.26 million) tonnes.
Pradhan was also expecting aluminium prices to stabilise at Rs 1,800-2,000 (US$ 37.5 - 41.67) a tonne which, he said, would offer the company a comfortable margin as its break-even price was below Rs 1,400 (US$ 29.16) a tonne. (1 US$ = Rs. 48)
Source: Ecomic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
|
|
|
Showing 6471 to 6475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
|
| |
| |
|
